Money and Banks
When Buying Sugar in Zimbabwe
...it’s easier to use the new $200,000 note issued by
Are Stock Markets a Swindle?
Aside from the error identified by Shostak this morning, another error concerning financial markets is th
Accounting and Accountability in Government
This is a story about Linda Combs, who cleaned up the government’s
Cheap Money, Gold, and the Federal Reserve Bank Policy
The present glut in the money markets, with excessively cheap money and its attendant evils and dangers to the credit structure of the country, is due to the concurrence of three main causes.
Inflation in the Afterlife?
From BigWhiteGuy.com (”Adventures of a BigWhiteGuy living in Hong Kong”), comes
10. Banking and the Business Cycle
We have today a hybrid of two forms of banking — loan banking (non-inflationary) and deposit banking (inflationary if not 100% reserve holdings). The cause of booms is the credit expansion by central banks that is not backed by pools of private savings.