While the usual characters praise central banks for supposedly bringing economic stability, Dr. Shostak explains that their presence makes things unstable because they break the relationship between saving and lending.
Nik Bhatia presents a counterintuitive view of how money operates in our current banking system and takes a glimpse into our monetary future.
Another gift of the inflationary Fed: Frito-Lay recently began putting fewer chips in a bag of Doritos, reducing the weight of a bag about five percent from 9.75 ounces to 9.25 ounces in the process.
Imposing sanctions will advance the reach of surveillance capitalism while strengthening the power of states to control the financial system overall. The end result will be a lower standard of living and a less free economy.
Ryan McMaken and Tho Bishop talk about this year's Austrian Economics Research Conference.
A central bank whose policies accommodate irresponsible deficit spending by the federal government is a menace to society, unleashing uncontrollable forces.
Imposing sanctions will advance the reach of surveillance capitalism while strengthening the power of states to control the financial system overall. The end result will be a lower standard of living and a less free economy.
When there is increased money coming into an economy from somewhere, the first recipients benefit. They spend it according to their preferences and benefit from the new money, while others who only face higher prices are hurt.
Ryan and Tho look at the economic consequences of Russia's invasion of Ukraine.
Price inflation has been accelerating upward since April of last year. Yet the Fed has done virtually nothing. What's the Fed waiting for?
