Displaying 21 - 30 of 1703
Money and BanksMoney and Banking
The only reason why the illusion that central authorities can grow an economy appears to be real is because of a still expanding pool of real savings.
Financial MarketsGlobal EconomyMoney and BanksMoney and Banking
The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.
Money and BanksCapital and Interest TheoryMoney and Banking
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
It's true that the Fed doesn't directly set a target for money creation. But by setting interest-rate targets, the Fed adopts a de facto policy of money creation.
Creating money out of thin air always sets the boom-bust cycle in motion, even when there's an increase in the demand for money.
Money and Banks
In this 40-minute presentation, Nomi Prins explains the cronyism and secret dealings of central banks.
Money and BanksMonetary TheoryMoney and Banking
The history of shadow banking development confirms Mises’s thesis that each government intervention leads to unintended consequences.
Money and BanksU.S. HistoryMoney and Banking
It is unfortunate that a scholar as careful as Robert Skidelsky has chosen to downplay the historical reality of the failure of central banking.
Restrained by both ideology and public sentiment, central banks were once kept from the sort of antics they now regularly indulge in.
Money and BanksWorld HistoryMoney and Banking
Today the world's oldest central bank turns 350. In a just world, this anniversary would instead be an opportunity to end this monstrous experiment.
