Paper Money versus the Gold Standard
byWe are living in a time that can only be considered monetary chaos. The U.S. Federal Reserve has manipulated key interest rates down to…
Money
The Fed’s in a bind
byOne can understand the Fed’s frustration over the failure of its interest rate policy, and its desire to escape the zero bound. However, since…
How Money Disappears in a Fractional-Reserve Money System
byMost experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US…
Mises.org: The Problem With “Rules-Based” Monetary Policy
bySource: https://mises.org/library/problem-rules-based-monetary-policy Author: Tommy Behnke The phrase “rules-based monetary policy” has frequented conservative circles a lot lately. Republican presidential candidate Ted Cruz expressed his…
Money supply versus money demand
byAccording to popular thinking not every increase in the supply of money will have an effect on economic activity. For instance, if an increase…
The declining interest rate cap
byBelieve it or not, one of the topics in economics that confuses macroeconomists is the actual role of interest rates. For the most part…
Mises.org: The Fed Desperately Tries to Maintain the Status Quo
bySource: https://mises.org/library/fed-desperately-tries-maintain-status-quo During the press conferences of recent FOMC meetings, millions of well-educated investment professionals have been sitting in front of their screens, chewing…
What’s Different about Monetary Policy?
byMany people agree that it’s important to move to a free market in money (i.e. the gold standard). They also say that it’s just…
The Fed Can’t Raise Rates, But Must Pretend It Will
byWaiting for Godot is a play written by the Irish novelist Samuel B. Beckett in the late 1940s in which two characters, Vladimir and…
Liam Fox’s Speech to the IEA on Honest Money
byDr Fox gave his speech on honest money to the IEA last week. The video can also be viewed here: http://www.iea.org.uk/multimedia/video/rt-hon-liam-fox-on-honest-money It is…