Central Banks May Choose Helicopter Money Over Negative Rates
byThe US Federal Reserve (Fed) is considering raising rates. Is the “normalization” of interest rates about to happen which savers and investors have been…
Money
It ain’t getting easier for central bankers . . .
byDoubts about post-crisis monetary policy are finding their way into the mainstream with increasing regularity. What tipped the balance? Two main things, I think….
Should we be concerned with the fall of money velocity?
byA fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997…
Why deflation is always good for the economy
byFor most experts, deflation, which they define as a general decline in prices of goods and services, is bad news since it generates expectations…
On Monetary Terrorism
by“Darling.. So No. 3 Commando were very anxious to be chums with Lord Glasgow so they offered to blow up an old tree stump…
David Stockman: Crisis Is Us – The Inexorable Result Of Modern Central Banking
byThe inexorable effect of contemporary central banking is serial financial booms and busts. With that comes increasing levels of systemic financial instability and a…
A Letter to the Left: The Gold Standard Will Restore Upward Mobility
byAbout a year ago, Stan Sorscher, Labor Representative, Society for Professional Engineering Employees in Aerospace, published a frighteningly important blog at The Huffington Post (where…
Is deflation about decline in prices?
byThe majority of economists view deflation as a general decline in prices of goods and services. This is viewed as a major threat to…
Chapter 7: Secrets, Ignorance and Lies: Money, Credit and Debt.
by“The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia, 1814. Our system of money-creation…
Alleviating Inequality through enabling a Choice of Monies
byAlthough the myriad of benefits that is entailed through a choice of monies (unemployment, trade, credit market and so on) has often been exposited,…