FedNow Isn’t a CBDC, but It Is Dangerous
While FedNow seems benign, there is the larger problem of the entire banking system itself being built on a foundation of sand. FedNow can only make that problem worse.
U.S. Economy
Displaying 541 - 550 of 2383
Can Fractional Reserve Banking Survive the Twenty-First Century?
Banker and financial expert Caitlin Long believes that fractional reserve banking is closer than ever to collapse, and she has a 100 percent reserve banking solution in progress.
Inflation Is a Giant “Skim” on the American People
Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.
The Taxpayers Bailed Out Yellow Trucking. It Went Bankrupt Anyway.
The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.
How the Business Cycle Happens
Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without "pre-judgment" is futile.
Taking Back the Meaning of “Inflation”
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
Eurodollars as a Fractional Reserve Market
We should not just be concerned about problems in the American banking system, but also about the proliferation of Eurodollars.
The Taxpayers Bailed Out Yellow Trucking. It Went Bankrupt Anyway.
The Trump administration doled out $700 million in CARES “loans” to trucking firm Yellow. Now Yellow has gone bankrupt, and the taxpayers may foot the bill.
The Debt Ceiling Debate Was Pure Theater
When it comes to the debt ceiling, political parties are irrelevant, and the recent debt ceiling drama, was little more than a sham.
