Reuter’s Reports that Greece Says it Will Run Out of Money on April 9
Greece's government said that the country would have to choose whether to pay back 450 million euros to the International Monetary Fund on April 9th or pay salaries and pensions.
Money and Banks
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What’s so great about the new Asian Infrastructure Investment Bank?
Patrick Barron writes:
Recently a friend sent me the updated Wikipedia link about the newly formed Asian Infrastructure Investment Bank that has been in the news so much, mostly gathering glowing endorsements that this is a great undertaking.
Former Fed Official: Fed is “out of line”
Why is it that only former Fed officials are willing to say the truth about the economy and monetary policy. I know they don't know the whole truth and they are blinded by power, but why do they always wait till they are "former" to tell the truth.
Why Is the Fed Punishing My Parents?
Thanks to the central bank, those who worked hard and "played by the rules" all their lives now face an uncertain future as inflation chips away at their savings and threatens their financial stability.
Why We Need Deflation and Higher Interest Rates
Once a recession sets in, markets can only repair themselves if prices — including wages — are allowed to fall where necessary. The resulting increases in real interest rates are the key to spurring new economic activity.
Paul-Martin Foss: From Ron Paul’s Office to the Carl Menger Center
Jeff Deist and Paul-Martin Foss discuss we should end the Fed.
Europeans Overcoming Their Apoplithorismosphobia
Europeans have long been fearful of the prospects of price deflation, but now that it has arrived they have embraced it.
Fed Tries to Figure Out How to Raise Interest Rates by a 1/4 of 1%
The Fed has been messing with interest rates for a century and suddenly they have forgotten how to raise interest rates?
Money Emergence in Video Game Worlds
One great thing about innovation in gaming is that the more complex and realistic games get, the more they begin to mirror real-world economic principles.
The “Natural Interest Rate” Is Always Positive and Cannot Be Negative
We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate.
