Money and Banks

Increasing the supply of fiat money, also known as inflation, leads to a myriad of social and economic ills, affecting employment, the family, emotional health, and more.

Soon you will no longer be able to purchase Switzerland’s finest watches for cash.

Forbes’s “stable and flexible” gold standard would facilitate and camouflage an inflationary expansion of the money supply that would, according to Austrians, distort capital markets and lead to asset bubbles. The motto of our current gold-price fixers seems to be: “We want sound money — and plenty of it.”

Investor Mark Spitznagel and Ron Paul discuss agriculture policy, Wall Street, fiat money, investing, and Ron Paul’s plans for the future.

Politicians and the mainstream media have faith in the central banks to manipulate and manage the global economy.

Austrian economists have been wrongly accused of many intellectual crimes when it comes to fractional reserve banking. Robert Batemarco adds some clarity to the debate.

Austrian economists have been wrongly accused of many intellectual crimes when it comes to fractional reserve banking.

It’s difficult to envisage a downward-sloping yield curve in an unhampered market economy since this would imply that investors are assigning a higher risk to short-term maturities than long-term maturities. But in today’s economy, an upward or a downward sloping yield curve reflects the Fed’s interest rate policies.