Displaying 41 - 50 of 1815
Money and BanksMoney and Banking
One of the easiest ways of asserting control over the private sector is to manage the money supply with a central bank. Naturally, Marx was rather fond of the idea.
Financial MarketsGlobal EconomyMoney and Banks
Italy’s problems are yet to descend into a Greek-style crisis, but that is the direction of travel. And Italy is far more serious than Greece because of its sheer size.
Money and BanksProtectionism and Free TradeMoney and Banking
Japan's Shinzo Abe has turned to Europe in hopes of stabilizing Japan's fiscal and and monetary situation. But Europe is a shaky foundation on which to build anything.
"The main thing is that the government should no longer be in a position to increase the quantity of money in circulation and the amount of checkbook money not fully — that is, 100 percent — covered by deposits paid in by the public."
It is easy to blame weakening global markets on Trump, but it would be dangerous to believe that's the real cause of the slowdown.
Money and BanksWorld History
The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.
Global EconomyMoney and Banks
It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.
100 years ago, coordination among central banks was engineered to speed up the renunciation of the gold standard, and greatly enlarge the freedom of all central banks to inflate money supplies.
Argentina has all the ingredients to be a global leading economy, but current policy makes the country a promise that always disappoints.
There is no such a thing as insufficient demand as such. An individual’s demand is constrained by his or her ability to produce goods.