Money and Banks

Displaying 51 - 60 of 1868

Central Banks Aren't Really In Control of Interest Rates

Money and BanksMoney and Banking

Blog06/22/2019

The central bank can try to manipulate the interest rate to whatever level it desires. However, it cannot exercise control over the underlying interest rates as dictated by people’s time preferences.

Read More

The Fed's Endless Boom-Bust Cycle

Money and Banks

Blog06/21/2019

While many attempt to look to "de-regulation" or tax cuts to explain economic cycles, it makes more sense to zero-in on the role of central banks. 

Read More

Low Inflation Is No Threat to the Economy

Money and BanksMoney and Banking

Blog06/17/2019

What matters is not price rises as such, but the increase in the money supply that sets in motion the exchange of nothing for something or "the counterfeit effect." Business cycles and recessions follow.

Read More

Inflation: The Soviet Tool for Destroying Money

Money and BanksWorld History

Blog06/15/2019

The Bolsheviks were shocked to discover the destruction of money failed to bring about the rational economic order that the Communists believed to be inevitable.

Read More

Mises on 100-Percent Reserve Banking

Money and BanksMoney and Banking

Blog06/13/2019

Mises declared in 1951: “No boom is possible without credit expansion... the boom which causes the following depression could not occur if the banks did not expand credit."

Read More

Why Ignoring Time-Preference is the Fundamental Mistake of Central Bankers

Money and BanksCapital and Interest TheoryMoney and Banking

Blog06/12/2019

Ignoring time preference is the fundamental error behind monetary planning. It is why in a successful economy, monetary intervention by the state is kept to a bare minimum, or preferably banished altogether.

Read More

Money Velocity and Economic Growth

Financial MarketsMoney and BanksMoney and Banking

Blog06/10/2019

Contrary to popular thinking, the velocity of money does not have a life of its own.

Read More

The ECB Continues to Incentivize Reckless Behavior

Global EconomyMoney and BanksMoney and Banking

Blog06/08/2019

Monetary policy has gone from being a tool to support fiscal reforms to an excuse for not implementing them.

Read More

Digital Cash: Another Dangerous New Idea in Monetary Policy

The FedMoney and BanksMoney and Banking

"Digital cash" is the latest terrible idea from those who want to give central banks more power to meddle in the economy.

Read More

The Real Meaning of Deflation

Money and BanksMoney and Banking

Blog05/25/2019

Deflation is not a matter of animal spirits or consumer expectations. It is the result of earlier creation of money "out of thin air" by central banks and commerical banks. Deflation is the natural result.

Read More
Shield icon library