Money and Banking

Displaying 11 - 20 of 1491

Jim Grant Explains the Gold Standard

Money and BanksU.S. HistoryMoney and Banking

Blog06/27/2017
Jim Grant: Our current monetary system "is the financial counterpart to the philosophy of statism."

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The Money-Velocity Myth

Money and BanksMoney and Banking

Blog06/26/2017
Velocity has nothing to do with the purchasing power of money.

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Yes, the Fed Really Is Holding Down Interest Rates

The FedMoney and BanksMoney and Banking

Blog06/26/2017
The empirical evidence is clear: the Fed is pursuing an expansionist monetary policy — and the economic benefits have been disappointing at best.

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Four Reasons Central Banks are Wrong to Fight Deflation

Money and BanksMonetary TheoryMoney and Banking

Blog06/22/2017
The harmful character of deflation is a sacred dogma of monetary policy. However, evidence substantiating these claims is either weak or nonexistent.

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Does the Fed Follow Its Own Rules?

The FedMoney and BanksMoney and Banking

The central bank is unlikely to follow rules like the Taylor Rule because they are fundamentally political organizations with their own agendas.

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Money Supply Growth Fell to a 104-Month Low in May

Money and BanksMoney and Banking

Blog06/20/2017
Money supply growth has fallen to some of the lowest levels seen since 2008.

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Central Banks Are Driving Many to Cryptocurrencies

Financial MarketsMoney and BanksMoney and Banking

Blog06/16/2017
The experimental and destructive monetary policies of central banks are driving many to flee to cryptocurrencies in hopes of finding some stability.

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The Next Fed Chair Will Not Set Long-Term Rates Free

Money and BanksMoney and Banking

Blog06/16/2017
No known candidate for the Fed chair is likely to do anything to truly normalize Fed policy.

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How We Should Name Business Cycles

Booms and BustsMoney and BanksBusiness CyclesMoney and Banking

Blog06/16/2017
Economists have long played semantic games with how they name business cycles. This is how they should do it.

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Fractional-Reserve Banking and Money Creation

Money and Banking

Blog06/16/2017
Private banks are important drivers in the creation of unbacked money. But, they'd be far more constrained in this were it not for central banks.

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