Money and Banking

Displaying 1 - 10 of 1743

Money and Gold in the 1920s and 1930s: An Austrian View

U.S. HistoryMoney and BankingMoney Supply

Blog06/18/2019

The Fed’s monetary policy, except for very brief periods in 1929 and 1936–1937, was consistently and unremittingly inflationist in the 1920s and 1930s.

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Low Inflation Is No Threat to the Economy

Money and BanksMoney and Banking

Blog06/17/2019

What matters is not price rises as such, but the increase in the money supply that sets in motion the exchange of nothing for something or "the counterfeit effect." Business cycles and recessions follow.

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Mises on 100-Percent Reserve Banking

Money and BanksMoney and Banking

Blog06/13/2019

Mises declared in 1951: “No boom is possible without credit expansion... the boom which causes the following depression could not occur if the banks did not expand credit."

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Why Ignoring Time-Preference is the Fundamental Mistake of Central Bankers

Money and BanksCapital and Interest TheoryMoney and Banking

Blog06/12/2019

Ignoring time preference is the fundamental error behind monetary planning. It is why in a successful economy, monetary intervention by the state is kept to a bare minimum, or preferably banished altogether.

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Money Velocity and Economic Growth

Financial MarketsMoney and BanksMoney and Banking

Blog06/10/2019

Contrary to popular thinking, the velocity of money does not have a life of its own.

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The ECB Continues to Incentivize Reckless Behavior

Global EconomyMoney and BanksMoney and Banking

Blog06/08/2019

Monetary policy has gone from being a tool to support fiscal reforms to an excuse for not implementing them.

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Digital Cash: Another Dangerous New Idea in Monetary Policy

The FedMoney and BanksMoney and Banking

"Digital cash" is the latest terrible idea from those who want to give central banks more power to meddle in the economy.

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The Real Meaning of Deflation

Money and BanksMoney and Banking

Blog05/25/2019

Deflation is not a matter of animal spirits or consumer expectations. It is the result of earlier creation of money "out of thin air" by central banks and commerical banks. Deflation is the natural result.

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The World Is Growing Tired of Government-Controlled Fiat Currencies

Money and BanksGold StandardMoney and Banking

Blog05/23/2019

Central Banks and the fiat reserve dollar hegemony won’t cede their power to cryptocurrencies easily,  and they're now resorting to a return to precious metals to stave off the threat of individual monetary sovereignty, Bitcoin, and the digital revolution.  

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Central Banks' Forecasts Are Basically Garbage

Money and BanksMoney and Banking

Blog05/22/2019

Central banks' economic models repeatedly and incessantly over-estimate economic growth. We can only speculate as to their motivation.

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