Money and Banks

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Ryan McMaken

Congress tells the Fed to maximize employment and also have low inflation. But in reality the Fed usually chooses to ignore inflation and instead "stimulate" employment with inflation.  

Ryan McMaken

This is bad news for the administration, which has repeatedly attempted to downplay the relentless increases to the cost of living being inflicted on Americans after years of deficit spending, fueling inflationary monetary policy. 

Manuel Tacanho

While African nations often are famous for corruption, poverty, and inflation, there is a way to bring dramatic changes to African economies: a gold-based currency.

Thorsten Polleit

What is money? Thorsten Polleit explains in a brilliant lecture delivered in Prague.

Ryan McMaken

Powell isn't a villain for pulling his foot off the money-creation accelerator a little. No, Powell's villainy stems from his role in helping create the boom in the first place.

Ryan McMaken

The state of the economy is not good. Powell knows it. Yellen knows it. Most people in the real world know it.