Money and Banks / Paul-Martin Foss

Back to Paul-Martin Foss's profile

Displaying 1 - 10 of 14

FOMC, Not Surprisingly, Holds on Interest Rates Again

The FedMoney and Banks

Blog09/21/2016

The Federal Open Market Committee (FOMC) decided yet again today to hold off on raising the target federal funds rate.

Read More

Today in 1971: President Nixon Closes the Gold Window

Money and BanksMoney and Banking

Blog08/15/2016

45 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window.

Read More

Possible Immediate Effects of the €500 Note’s Abolition

Global EconomyMoney and Banks

Blog05/12/2016

The EU's ending of the production of €500 bills changes the equation for how the bills will be valued.

Read More

RIP, €500 Note

Money and Banks

Blog04/20/2016

The ruling class of the euro zone has slightly backed off its plan to end use of the $500 note immediately.

Read More

Sound Money and Fiscal Policy

Money and BanksTaxes and SpendingMoney and Banking

Blog04/11/2016

Sound money is the most important check on government spending.

Read More

Dumb and Dumber – From Negative Interest Rates to Helicopter Money

The FedMoney and BanksMoney and Banking

Blog04/05/2016

If helicopter money is implemented, those who first gain the use of the new money may benefit by increasing consumption before prices rise, while others will see prices rise before they are able or willing to use the money. But the end result will be higher...

Read More

What the Federal Reserve Could Do

The FedMoney and Banks

Blog03/31/2016

Speculation is swirling as to what the Federal Reserve might do next. None of the likely next steps are terribly promising.

Read More

German Response to Negative Interest Rates: Safe Deposit Boxes

Money and BanksMoney and Banking

Blog03/18/2016

The Japanese response to negative interest rates was to buy personal safes. The German response is to pull money out of bank accounts and stick it in safe deposit boxes. Both are perfectly understandable reactions to the prospect of having to pay interest to a bank for holding deposits.

Read More

Switzerland: Negative Interest Rates Result in Rising Mortgage Rates

Global EconomyMoney and Banks

Blog03/16/2016
Remember back in December when we highlighted that one of the responses to central banks’ introduction of negative interest rates might actually be a raising of interest rates by banks to borrowers?
Read More

War on Cash: The Fix Is In

The FedMoney and Banks

Blog02/17/2016

Rather than thinking outside the very little teeny tiny box that academic elites have crammed themselves into, it's far easier for those academics to go with what they know and engage in self-serving and circular arguments.

Read More
Shield icon library