Money and Banks

The idea of private coinage seems so strange today that it is worth examining carefully.

Hamiltonian mercantilism is essentially the economic and political system that Americans have lived under for several generations now.

This monograph addresses a critically important issue: the prevailing view that deflation (falling prices and/or falling money stock) is a catastrophe that must be stopped.

From The Journal of Ayn Rand Studies Vol. 6, No. 2, Spring 2005.

Leading Austrian Economists discuss Henry Hazlitt's classic book Economics in One Lesson. Interview 11 of 12.

This wasn’t an economic plan: it was a heist.

With the US housing crisis metamorphosing into a full-blown financial crisis in the United States and Europe and the specter of a global stagflation looming larger every day, the Fed's credibility and reputation is evaporating with the value of the US dollar.

Honest money and private property rights are the foundation for a peaceful society. The price system is what makes this work because it reflects the real availability of each scarce product and service, especially during emergency times.

The Fed is essentially a giant counterfeiting machine. That would be criminal for you, but is legal for JPMorgan's men under the Federal Reserve Act written by the big bankers.