Money and Banks

What is it the Justice Department wants out of the biggest credit-card associations? Is duality in credit-card membership, the freedom for a bank to be a member of both major credit-card associations in the United States, good or bad? Is it legal or illegal? Is it a system that promotes cartels or a system that results in vigorous price cutting much to the consumer's benefit?

The Bank of Japan and its inflationary ways.

The false relationship between prices and jobs. 

What the State wants to know about your finances. 

Europe's hopes for monetary stability won't pan out. 

Privatization is code for an expensive mandatory savings program.

Austrians deal with a central but overlooked monetary conundrum.

They cause more monetary trouble than they are worth.

As the world financial system entered a state of collapse, commentators said that Russia had traded the shortages of socialism for the bank runs and financial panics of capitalism. In fact, modern finance and banking are built on unstable, socialistic foundations.

What are the consequences of floating exchange rates?