Money and Banks

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Why the Dollar is Falling

Tags: Global Economy, Money and Banks
Antony P. Mueller

Since the turn to the 21st century, writes Antony Mueller, the factors that once supported dollar dominance have increasingly come under challenge. 

Economics of the Civil War

6. Inflation: North and South

Tags: Capital and Interest Theory, Money and Banking, Money and Banks, War and Foreign Policy
Mark Thornton

Inflation is a giant rip off, a stealth tax stealing purchasing power. Money is not neutral. The first receivers of new money benefit. Savers and those on fixed incomes struggle. From 1857 until the war was a period of “free banking” where the fed had nothing to do with the banks and the states had little control over them. High economic growth and prosperity prevailed.