Fed’s FOMC Decision: It was not Unanimous
The recent FOMC decision on Fed policy going forward was not unanimous. Let's take a look at who voted against the rest of the committee.
Money and Banks
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Jeff Deist: Austrian Economics vs. Keynesian Orthodoxy
Jeff Deist discusses Austrian economics and the bizarre world of negative interest rates.
German Response to Negative Interest Rates: Safe Deposit Boxes
The Japanese response to negative interest rates was to buy personal safes. The German response is to pull money out of bank accounts and stick it in safe deposit boxes. Both are perfectly understandable reactions to the prospect of having to pay interest to a bank for holding deposits.
We Need the Pain that Comes with More Saving
We're constantly being told by the mainstream financial media that saving money will destroy the economy. In truth, only saving — which is nothing more than refraining from spending — can repair the damage done by years of easy money and reckless spending.
Switzerland: Negative Interest Rates Result in Rising Mortgage Rates
Remember back in December when we highlighted that one of the responses to central banks’ introduction of negative interest rates might actually be a raising of interest rates by banks to borrowers?
The Rage Against Wall Street Isn’t Just Anti-Capitalism
Many people have figured out that Wall Street and Washington, DC work together to rig the game in Wall Street's favor.
We Are Headed Toward a Cashless Society?
In this interview, Claudio Grass talks to economist and Mises Institute Senior Fellow Thomas DiLorenzo. Dr. DiLorenzo covers central bank monetary policies, Keynesian economics, the economic “recovery,” political correctness, and more.
The European Central Bank Finally Throws in the Kitchen Sink
Back in January, ECB President Mario Draghi doubled down on his earlier commitment to do "whatever it takes" to prop up the European economy with easy money. He wasn't joking.
Downtrend in Money-Supply Growth Poses a Threat to Bubble Activities
While the declining trend growth in money supply is bad news for bubbles, it is actually great news for wealth generators.
Former ECB Chief Economist Disses Negative Interest Rates and Praises Deflation
In a remarkable TV interview, Otmar Issing, the former Chief Economist of the European Central Bank and a former member of its Board, dismisses negative interest rates as a solution to what ails Europe.
