Money and Banks

A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts.

45 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window.

The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.

In today's slow growth economy, business decision makers are understandably cautious because historically monetary tightening has been a fatal blow.

The Bank of England announced historic new lows for interest rates, and a new round of QE.

Blind Robbery!, a new, easy-to-read book on money is a must-read for anyone who wishes to understand the damage our easy-money system is doing.

The Paris-Berlin axis faces a new banking crisis and a weakening Southern Europe while Brexit inflames EU opposition across Europe.

Italy is on the brink of a full-blown banking crisis.

The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?

Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.