Displaying 11 - 20 of 1841
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.
Labor and WagesMoney and BanksTaxes and Spending
An estimated 78 percent of the UK’s working population are unable to make ends meet between pay-days. Neo-Keynesian policies are to blame.
Not only will easy-money policy not increase production, it will impoverish us by inflating away real wealth.
Financial MarketsMoney and Banks
The market probably interprets correctly that the European Central Bank will become even more dovish under Lagarde. This will encourage more risk in the financial system.
Financial MarketsGlobal EconomyMoney and Banks
Since Libra is an extended arm of the current financial system, first-world economies could benefit at the cost of developing economies.
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.