Paul Krugman’s Ad Hominem Defense of Central Banking
byOne of the sorriest aspects of almost all political discussions nowadays is how often they seem to degenerate into rude ad hominem attacks rather…
Economics
Why the dollar bill has value?
byWhy the dollar bill in our pocket has value? The value of money is established, according to some experts because the government in power…
Gold and Free Banking versus Central Banking
byIn spite of the officially declared “independence” of the Federal Reserve from the immediate political control of either Congress or the White House, America’s…
Open Letter to Mercatus Center
byLetter to Patrick Horan Program Manager for Monetary Policy Mercatus Center Via Internet Dear Mr. Horan and Mercatus: It just came to my attention…
Explaining the credit cycle
byThis article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be…
Why the MSM Hates Judy Shelton
byBy the Robert Aro at the Mises Institute Imagine if a member of the Federal Reserve Board of Governors said the following: When governments manipulate exchange rates to…
How Keynesian ideas continue to destroy the economy
byAs a result of the coronavirus pandemic most experts are of the view that it is the role of the government and central bank…
Nomination for the Board of Governors of the Federal Reserve
byWe read the news today that Judy Shelton has been approved by the Senate Banking Committee. This means that the full Senate can vote…
Next Generation EU” spending plan: Towards strengthening or weakening the EU in the long run
byOlympios Raptis // 1 July 2020 While the media, right and left-wing parties and the average newspaper reader celebrate in anticipation of “helicopter money”…
Money Supply Growth in May Again Surges to an All-Time High
byMoney supply growth surged to another all-time high in May, following April’s all-time high that came in the wake of unprecedented quantitative easing, central…