Money and Banks

Displaying 31 - 40 of 1518

The Money Myths Behind the Creation of the Federal Reserve

The FedMoney and BanksU.S. EconomyU.S. HistoryMoney and Banking

Blog01/18/2017
Roger Lowenstein's new book on the Federal Reserve relies on some well-worn myths about the monetary history of the United States.

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The Fed Needs Competition, Not Rules

The FedMoney and BanksMoney and Banking

Blog01/12/2017

If a monetary rule like the Taylor Rule is not a solution to the problem of the Fed, what is? Competition.

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Dollar Retreats from Highs as FOMC Stays Skittish

The FedMoney and BanksMoney and Banking

Blog01/09/2017

The Fed keeps hinting that it plans to raise the target rate more than once this year. But, the Fed's level of confidence is near zero.

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Week in Review: January 7, 2017

The FedFinancial MarketsMoney and Banks

Blog01/06/2017

This year, our attention will be toward the Fed and central banks, as the world's financial elites try to navigate increasingly volatile waters.

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What Is This "Neutral" Interest Rate Touted by the Fed?

The FedMoney and BanksMoney and Banking

Blog01/03/2017

The Fed says it can use a "neutral interest rate" to set policy. But, Fed economists don't understand how the neutral rate works.

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Do Central Bankers Know a Bubble When They See One?

The FedMoney and BanksMoney and Banking

Blog01/01/2017

At different times and in different places, Fed officials have changed their stories about whether or not bubbles can be seen before they pop.

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Negative Interest Rates: How Low Can They Go?

Money and BanksMoney and BankingPolitical Theory

Negative rates can work because the opportunity cost of holding physical cash is not zero. Abolishing large banknotes further increases the cost.

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Central Bankers Are Losing Faith in Their Own Alchemy

Money and BanksMoney and BankingPolitical Theory

Blog12/28/2016

In his new book, central banker Mervyn King sometimes sounds like Murray Rothbard. But in the end he continues the problem of central banking control.

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How Interest Rates Affect Time Preference — and Vice Versa

Money and BanksMoney and Banking

Blog12/27/2016

A general increase in price inflation, resulting from increasing money supply and a fall in real wealth, will lead to a general rise in interest rates.

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Will A Stronger Dollar Cause a Trade War with Europe?

The FedGlobal EconomyMoney and BanksMoney and Banking

Blog12/18/2016

If the US dollar begins to return to monetary sanity — for now — other currencies will face grave threats to their monetary status quo.

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