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Money and BanksMoney and Banking
Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.
Global EconomyMoney and BanksMoney and Banking
The Turkish Lira collapse should have surprised no one. Yet, in this bubble-justifying market, it did.
Forget the IMF’s forecasts of Venezuela’s hyperinflation. They are a prime example of junk science.
The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.
Here's how to tell the Austrian approach on money apart from the views of other schools of thought.
Money and BankingMoney Supply
Money supply growth inched upward again in June this year, but remains well below the growth rates experienced from 2009 to 2016.
Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.
Money and BanksU.S. HistoryMoney and Banking
Naturally, Fed chairmen claim they are never influenced by politicians who threaten them. But it would by naïve to take this at face value.
The Federal Reserve is not politically independent — and it never was.
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.