Money and Banks

Displaying 1 - 10 of 1864

The US Dollar Beast

Money and BanksMoney and Banking

Blog10/01/2019

Without a turn toward hard money, the odds are that the world’s dependence on the Greenback will not decline but presumably grow even more in the years to come.

Read More

Central Bank "Stimulus" is Really a Huge Redistribution Scheme

The FedFinancial MarketsMoney and Banks

Blog09/28/2019

Central banks pretend all these benefits come at no cost to anyone. Unfortunately, we all ultimately pay the price. 

Read More

Politicians Have It Backwards, China Has Decreased Its Manipulation of the Yuan. That's Why It's Depreciating.

Global EconomyMoney and BanksMoney and Banking

The depreciation of the yuan since 2014 is more of a response to market movements than a planned devaluation to gain competitiveness illegitimately.

Read More

Do We Need More Savings Before We Can Have More Lending?

Money and BanksMoney and Banking

Blog09/26/2019

In a true market — i.e., without a central bank — banks are intermediaries of real savings in their lending activities, thus promoting genuine and real economic growth.

Read More

The Idea of Alternative Currencies Is Going Mainstream

The FedMoney and BanksMoney and Banking

Blog09/23/2019

The movement for alternative money is the result of the history of government monetary mismanagement.

Read More

How Central Banks Promote Money-Creation by Private Banks

Money and BanksMoney and Banking

Blog09/21/2019

Not only does fractional-reserve banking gives rise to monetary inflation it is also responsible for monetary deflation. Money created out of "thin air" can disappear as rapidly as it was created.

Read More

What John Law Taught Us About the Perils of Printing Money

Money and Banks

Blog09/19/2019

To cause a truly disastrous boom and bust with far-fetching real consequences, you need to control the money supply.

Read More

Walter Bagehot and the Problem of the "Lender of Last Resort"

Money and Banks

Blog09/19/2019

James Grant's new book Bagehot: The Life and Times of the Greatest Victorian, reveals there we can still learn a lot from the world that existed before our modern era of central banking.

Read More

Greenspan Expects the US to Embrace Negative Interest Rates. Here's Why That Would be "Catastrophic."

The FedMoney and BanksCapital and Interest Theory

Blog09/18/2019

Central banks’ economic models predict deeper negative rates are necessary in the event that a significant recession materializes. This would be a disaster.

Read More

More Money Pumping Won't Make Us Richer

Money and BanksMoney and Banking

Blog09/16/2019

Neither loose monetary policy, nor big-spending fiscal policy can grow an economy. All that these policies can do is to redistribute a given pool of real savings from wealth generators toward non-wealth generating activities.

Read More
Shield icon library