Money and Banks
Stanley Fischer Is Out at the Fed
Many claimed that Fischer was an inflation hawk, but he was really a cheerleader for quadrupling of the Fed’s balance sheet and more.
Does Government Spending Create More Economic Growth?
What Is the Liquidity Trap?
Austrian Monetary Theory vs. Federal Reserve Inflation Targeting
A Tale of Two “Deflationary” Booms — The Gilded Age vs. Today
Why Cryptocurrencies Will Never Be Safe Havens
Cryptocurrencies are an important step in the right direction. But thinking that we are magically creating new stores-of-value is a profound mistake.
The Rise of Zombie Companies — And Why It Matters
A zombie company merely survives thanks to the constant refinancing of its debt. Thanks to central banks, their numbers are alarmingly large.
Can Switzerland Survive Today’s Assault on Cash and Sound Money?
The Swiss love of privacy and sound economics has endured for centuries. But global trends continue to chip away at these venerable traditions.