Money and Banks

Displaying 11 - 20 of 1792

Fed Policy vs. ECB Policy: A Comparison

Money and BanksMoney and Banking

The Fed and the ECB have taken two different paths since the 2008 crisis. Here's what you need to know.

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The Green New Deal Plus Modern Monetary Theory = Socialism

Bureaucracy and RegulationMoney and BanksTaxes and Spending

Blog03/05/2019

MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.

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Why the Boom-Bust Cycle Keeps Repeating

Money and BanksMoney and Banking

Blog03/04/2019

By creating money out of thin air, central banks repeatedly create bubble industries that must inevitably be liquidated.

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The Fed Is Seizing Even More of the Marketplace

The FedFinancial MarketsMoney and Banks

Blog03/04/2019

The Fed is prepared to squeeze out what little is left of the free market forces in the debt market. The Fed wants full control so it can do "whatever it takes" to keep interest rates from rising above its very-low targets.

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MMT Is Even More Dubious Than AOC's Green New Deal

Big GovernmentMoney and BanksOther Schools of Thought

Blog02/25/2019

The printing press doesn’t create real resources, it only obscures the method by which the government siphons them away from the private sector.

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A Chinese Bomb: Are We Really on the Threshold of Another Global Financial Crisis?

Booms and BustsGlobal EconomyMoney and Banks

Blog02/25/2019

The Chinese debt is overwhelming not simply because of the volume, but because the figure has quadrupled in seven years.

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Banks use Other People’s Money — So What?

Money and BanksMoney and Banking

Blog02/23/2019

Since we don't know the future, all investment is a type of speculation, and this doesn't mean banks are behaving nefariously when investing other people's money.

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Government Spending Isn't Always Inflationary

Money and BanksMoney and Banking

Blog02/23/2019

While government spending re-allocates and distorts resources, it is not necessarily inflationary. Inflation really just stems from money creation and fractional-reserve lending carryied out by central banks and private banks — thus creating money "out of thin air."

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Two Simple Questions Keynesians Can't Answer

Money and BanksMonetary TheoryMoney and BankingOther Schools of Thought

Blog02/22/2019

Keynesian economics is the economics of debt-addicted, lower-class spendthrifts: modern governments.

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The Problem with Cutting Taxes without Reducing Spending

Money and BanksMoney and Banking

Blog02/15/2019

Like taxation, government spending diverts resources from real wealth-generating ventures. Borrowed funds for continued spending must also be repaid, so current spending translates to future taxation.

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