Money and Banks
Yellen Imitates Bernanke and Greenspan with Declaration that Economy is A-OK
Yellen has announced that the economy is safe in our lifetimes. She follows in the footsteps of two great Fed Chair prognosticators.
No, Mark Carney, Brexit Didn’t Cause Inflation — You Did
Bank of England governor Mark Carney maintains that Brexit has caused a devaluation of the pound. A more likely cause of this is the BofE itself.
Myths Behind the War on Cash
The social advantages of eliminating physical cash are minimal, and economists tend to ignore the many costs that a cash ban would create.
Jim Grant Explains the Gold Standard
A Look at Uncertainty in the UK, Post-Election
It's becoming increasingly clear the Bank of England is sticking to an uncomfortably aggressive quantitative easing program.
The Money-Velocity Myth
Yes, the Fed Really Is Holding Down Interest Rates
The empirical evidence is clear: the Fed is pursuing an expansionist monetary policy — and the economic benefits have been disappointing at best.
The Super Bubble Is in Trouble
Once the Super-Bubble pops, we will see what people demand as the ultimate means of payment: gold or cyber units, or both.
Draghi Doesn’t See “Bubbles” — Let Me Show You Some
Mario Draghi has many warnings for us about the next crisis, but he fails to note that the artificial creation of money is always behind those crises.