Money and Banks

The fear of deflation is a big problem for the future of the global economy.

In determining the value of a currency, we must look to relative growth in the money supply, and relative purchasing power.

There's no need for pessimism over the idea that there is a recession ahead, and that the stock markets must plunge. No, this is the good news!

George Monbiot's attack on neoliberalism fails to account for the conflict between the Austrian school and the neoliberals.

Europe may turn to "helicopter money" as an easy solution. The problem of deciding who gets the money isn't quite so simple.

The ruling class of the euro zone has slightly backed off its plan to end use of the $500 note immediately.

Why stop with Jackson? Let's ditch all the other politicians on US currency also.

Congress is hardly a great steward of financial power, but there are benefits to wrestling control of the money supply away from the Fed and returning it to Congress.

Economists err if they believe something is wrong when money is not in constant, active "circulation."

Following the unconventional monetary policy of negative interest rates, central banks are now considering an even more desperate measure: "helicopter money."