Easy Money, Easy Morals
In this 33-minute talk Joseph Salerno discusses the right way to define inflation, and how it impacts both economic prosperity and culture.
In this 33-minute talk Joseph Salerno discusses the right way to define inflation, and how it impacts both economic prosperity and culture.
Now untethered from everything except the will of central bankers, international exchange rates are especially prone to manipulation worldwide.
The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.
In this 18-minute talk, Malavika Nair presents the basics on what money is, its origins, and why it is so central to a modern economy.
Some inequality arises naturally from freedom of choice. Some comes from government meddling. One is good and the other is bad. …
The Fed's policies over the past decade have resulted in a rapidly widening wealth and income inequality.
The traditional interpretation of the effects of Andrew Jackson's opposition to the central bank suffers from faulty economy theory.
All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.
China’s stealth devaluation is not making the country more competitive, it is making household and corporate debt riskier as the purchasing power of the yuan is diminished.
In its blind search for the "correct" interest-rate policy, the Fed can't succeed in extending the boom indefinitely.