Money and Banks

It is not possible to generate something out of nothing as suggested by Keynes and his many followers.

Jeff Deist and Saifedean Ammous discuss the crypto technology revolution and private money.

 Historical experience does not appear to support the thesis of modern fractional-reserve free-banking theorists.

The Turkish lira collapse should have surprised no one. Yet, in this bubble-justifying market, it did.

Forget the IMF’s forecasts of Venezuela’s hyperinflation. They are a prime example of junk science. 

Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.

That deflation is always and everywhere a bad thing is now an almost universal article of faith among mainstream economists and financial commentators.

The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.

The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.

Here's how to tell the Austrian approach on money apart from the views of other schools of thought.