What the Next Recession Will Look Like
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
The Fed is busy coming up with new ways to "stimulate" and manipulate the economy.
Money supply growth reached a three-year high in July.
Threatened by the existence of private digital currencies, central banks are looking to create some of their own.
Negative interest rates have proven to be unpopular with the public. But the central banks have other strategies up their sleeves.
Economists Stephen Cohen and Bradford DeLong are spouting an unfortunate amount of enthusiasm for Alexander Hamilton's corporatist economics.
The War on Cash is nothing more than a lust for more power by central bankers and their advocates in academia.
Loose monetary policy is based on a trickle-down theory designed to encourage spending and punish saving. This will lead to greater pain in the end.
The Federal Reserve and in particular fiat money ruins the incentive to save for a better future.
If Paul Krugman took a more serious look at Europe, he would see that austerity policies really do produce a better economy.