Money and Banks

Displaying 871 - 880 of 2787
Alasdair Macleod

The "Velocity of Money" Is a product of human choices and human values. It's not something we can just plug into an equation.

Mike Maharrey

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. 

Frank Shostak

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.

Chris Calton

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.

Edward W. Fuller

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."

Alasdair Macleod

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.

Frank Shostak

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

Daniel Lacalle

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

Kristoffer Mousten Hansen

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