Money and Banks

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Ryan McMaken

Today, Janet Yellen struck a dovish tone with Congress, saying that the Fed's target interest rate is not really that low after all.

Mark Thornton
The next economic crisis will be directly tied to the last economic crisis and the policies the Fed used to “solve” it. As such, it should be called the Bernanke-Yellen Crisis.
John Mills

The central bank's expropriation of PrivatBank leaves many unanswered questions.

Frank Shostak
A falling money supply is not the cause of economic contractions. It is usually just a symptom of a larger problem resulting from money-creation out of thin air.
Friedrich A. Hayek
Though the descent of Keynesian doctrine from intellectual respectability can be denied no longer, it still gravely threatens sensible monetary policy.
Douglas French
People really do experience a type of high when experiencing windfall profits. Does this play a role in central-bank-induced booms and busts?
Ludwig von Mises
Our civilization is inseparably linked with our methods of economic calculation.
Ryan McMaken

Alarm bells should go off when an economist, central banker or government official declares there’s no danger of economic turmoil in the near future.

Ryan McMaken
Alarm bells go off when an economist, central banker or government official declares there’s no danger of economic turmoil in the near future.
Louis Rouanet
The Italian banking crisis has managed to kill the new European Banking Union almost as soon as it was begun.