Money and Banks

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.

Investors are not cooperating with the Bank of England's efforts to drive Brits to riskier investments.

We are living through "The Great Monetary Experiment" and no one knows exactly how it will end.

Utah has declared any gold and silver coins issued by the US government as legal tender in the state — and free from any taxation.

Pension funds, savings accounts, and insurance funds — all essential middle class tools for savings — are seeing their yields dry up.

The dollar's last tie to gold was severed 45 years ago. Gold had always been an inconvenience for governments looking for more debt and spending.

Starting today, the Royal Bank of Scotland will become the first bank in the U.K. to impose a negative interest rate on depositors.

With central banks falling into step in a seemingly inexorable race toward negative interest rates, this could point to bigger problems on the horizon.

When new money is made, it helps those who get the new money first (usually the wealthy) — at the expense of those who get it later (the poor).