Money and Banks

For people who remain mystified as to how populists like Donald Trump get elected, they need not look much further than this. 

Corporate cost cutting sets the stage for future gains in profitability and productivity, and there is no resulting "paradox of thrift" requiring easy money policies to "fix" the problem. 

The euro is moving further away from the original German idea of the common currency. Instead, the euro has become the tool of southern Europe, which seeks inflation to keep the gravy train going. 

Ryan McMaken joins the show to discuss Adam Fergusson's seminal history of Weimar-era hyperinflation in Germany.

Central banks are claiming that their introduction of digital currencies is not tied to monetary policy, but it's clear that these digital currencies' potential effects on policy are precisely why they're being pushed.

Central bank digital currencies need to be centralized and manipulable to some extent in order to use them to implement monetary policy, which is central bankers' goal. This characteristic makes them a very risky proposition.

No, “societal” value is not what you want or think is good, and “we” are not a homogenous entity of observable, aggregated preferences.

No, “societal” value is not what you want or think is good, and “we” are not a homogenous entity of observable, aggregated preferences.

Monetary inflation helped bring on the Terror and set French progress back a generation.