Ordinary people cannot stop the Fed and the government from inflating the currency, but they can take measures to shield themselves from some of its harmful effects. Mark Thornton presents a few ideas on how it can be done.
Keynesian economists believe that the key to increasing economic growth is increasing the supply of money in circulation. Money, however, is a means of exchange, not a means of payments. The difference is vital to understanding economics.
Jonathan Newman returns to help Bob dissect a Twitter thread melting down about Rep. Massie's new bill to End the Fed.
The concrete effects of the destruction of money and property on human personality are demonstrated most vividly in the historical episode of the German hyperinflation of 1923.
Central banks intervene in order to “create demand,” and then they intervene in order to try to mitigate the damage they caused earlier. This is a never-ending scenario of economic destruction.
While her record is hardly perfect, Judy Shelton has been a rarity among monetary economists: an advocate for gold and sound money.
Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
