Money and Banks

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George Pickering

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.

Ronald-Peter Stöferle

The social advantages of eliminating physical cash are minimal, and economists tend to ignore the many costs that a cash ban would create.

Ryan McMaken
Jim Grant: Our current monetary system "is the financial counterpart to the philosophy of statism."
Daniel Lacalle

It's becoming increasingly clear the Bank of England is sticking to an uncomfortably aggressive quantitative easing program.

Frank Shostak
Velocity has nothing to do with the purchasing power of money.
Joseph T. Salerno

The empirical evidence is clear: the Fed is pursuing an expansionist monetary policy — and the economic benefits have been disappointing at best.

Thorsten Polleit

Once the Super-Bubble pops, we will see what people demand as the ultimate means of payment: gold or cyber units, or both.

Daniel Lacalle

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.

Mises Institute
While the Federal Reserve is desperate to depict an optimistic vision for the global economy, their fellow central bankers aren't buying it.
Tho Bishop
Until we abolish the Fed, Wall Street will continue to dominate the economy even more than Bill Belicheck has the dominated NFL.