Displaying 1 - 10 of 1757
Money and BanksMoney and Banking
The fact that politicians, central bankers, and “too big to fail” bankers all oppose a gold standard is a tacit admission that hard money would serve as an effective constraint on their activities.
The critical question is this: Is the Libra really good — or sound — money? Unfortunately, this question cannot be answered in the affirmative.
Not only will easy-money policy not increase production, it will impoverish us by inflating away real wealth.
Financial MarketsMoney and BanksMoney and Banking
A major factor that can explain the apparent contradiction between weakening so-called fundamentals of today — and the stock market's continued march upward — is changes in monetary liquidity.
Government manipulation is shifting wealth from Main Street to Wall Street. But most people don't see the growing gap between the growth of financial wealth and the real economy.
Judy Shelton may be a tolerable—at least to Republicans—candidate for Federal Reserve Board of Governors.
Given that Fed policymakers are of the view that a decline in the annual growth of prices is bad for the economy they are most likely to embark on very easy monetary policy in near future.
Money and BanksGold StandardMoney and Banking
The gold price is heading up at the moment, but we can still learn a lot from three big collapses in the gold price which occurred after 1934.
Money and BanksMoney and BankingOther Schools of Thought
The "Velocity of Money" Is a product of human choices and human values. It's not something we can just plug into an equation.
The central bank can try to manipulate the interest rate to whatever level it desires. However, it cannot exercise control over the underlying interest rates as dictated by people’s time preferences.