Money and Banks

Displaying 1 - 10 of 1843

A Rothbardian Take on Negative Interest Rates

Money and BanksMonetary TheoryMoney and Banking

Blog08/19/2019

Joe Weisenthal is questioning whether people should be able to deposit their money in a checking account and be paid interest on it — Rothbardians have been saying that for decades. 

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Money Printing Can't Replace Saving and Production as the Real Engine of Economic Growth

Money and BanksMoney and Banking

Blog08/19/2019

The introduction of money does not alter the fact that individuals still have to produce something useful in order to secure some other useful goods for themselves.

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From the Malthusian Trap to the Keynesian Trap: The British Economy from 1810 to 2019

Labor and WagesMoney and BanksMoney and Banking

Blog08/17/2019

The Keynesian obsession with avoiding deflation and pushing consumer spending has led to a serious decline in savings and capital accumulation.

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The Six Things Boris Johnson Should Do to Turn the UK Around

Global EconomyMoney and BanksProtectionism and Free Trade

Blog08/14/2019

Brexit is an opportunity to reset economic, monetary, and trade policies. The implications of getting rid of the EU millstone go far beyond the leaving date of 31 October. 

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Why the Dollar Rules the World — And Why Its Reign Could End

Money and BanksMoney and Banking

Blog08/13/2019

The US dollar came to rule the world in the wake of two world wars. But back then, the dollar's hegemony was based on a solid foundation of savings and capital accumulation. But today, the dollar's growth is based on huge piles of debt.

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GDP Growth Isn't the Same Thing as Economic Growth

Money and BanksMoney and Banking

Blog08/12/2019

Given the way it's calculated, GDP can be driven up just as much by squandering wealth, as by building it up.

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The Coming Regime of the ECB: Radical Centrism

Money and BanksMoney and Banking

In Christine Lagarde and Philip Lane, the EU has two new central bankers who will push the limits of what central banks can do.

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The Fed Rate Cut Shows the Fed Is Either Clueless or Lying. Or Both.

Money and BanksMoney and Banking

Blog08/01/2019

With its latest rate cut, the Fed is either caving to pressure from the Trump administration, or the Fed is admitting the economy is weaker than stated. Or the Fed simply doesn't know what's going on.

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Powell Is Giving Trump His Rate Cut, Here is Why It's a Mistake

The FedMoney and BanksU.S. EconomyMoney and Banking

Blog07/31/2019

With the economy growing at 2.1%, unemployment at 3.6%, creating 170,000 jobs per month, and estimated underlying core inflation of 2%, no objective data justifies cutting rates that are already artificially low.

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Interest Rate Increases: How Fast is "Too Fast?"

Money and BanksMoney and Banking

Blog07/30/2019

Donald Trump thinks the Fed raised rates "too fast." In truth, rates have been at remarkably low rates for the past decade. And how would Trump know how fast is "too fast" anyway?

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