Money and Banks

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Inflation Is Not About Price Increases

Money and BanksMoney and Banking

Blog12/06/2016

When inflation is seen as a general increase in prices, then anything that contributes to price increases is called inflationary.

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How Inflation Ruined a Chocolate Bar

Money and BanksMoney and Banking

Blog11/30/2016

Inflation has increased costs for the makers of the Toblerone chocolate bar. In response, they have changed the bar and outraged some customers.

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Is Steve Mnuchin Just Another Wall Street Banker?

The FedFinancial MarketsMoney and BanksMoney and BankingPolitical Theory

Blog11/30/2016

Steve Mnuchin has said little publicly, but his resume does seem to contrast sharply with Trump's populist campaign.

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Why It's Important to Define Money Correctly

Money and Banks

Blog11/29/2016

When it comes to understanding how money works, recent attempts to re-define money to fit new economics models miss the point.

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The Swiss Private Bankers Should Be a Model for Bankers Everywhere

Swiss WatchMoney and BanksMoney and Banking

American chain banks have become just glorified ATM machines. But there is a model of banking that offers something quite different.

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End the Fed To Really ‘Make America Great Again’

The FedMoney and BanksMoney and Banking

Blog11/28/2016

The Fed's policies continue to cripple the middle class while favoring those few who benefit from the Fed's inflationary policies.

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Will Trumponomics Save Us From A Bust?

Booms and BustsMoney and BanksMoney and Banking

Blog11/22/2016

The markets are betting on a new Trump-driven economic miracle to soften the blow of the next recession. It may be a vain hope.

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Why the Dollar Remains the World's Reserve Currency

The FedMoney and BanksMoney and Banking

Blog11/18/2016

The dollar will remain the world's reserve currency so long as other governments are happy to keep propping it up.

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Trump's Election May Strain the Euro to the Breaking Point

Global EconomyMoney and BanksMoney and Banking

Blog11/15/2016

The euro is already in deep trouble, and the less enthusiastic globalism likely to be offered by Trump will be another blow to the European project.

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India's War on Cash and the Poor

Money and BanksTaxes and SpendingMoney and Banking

The best and only way to get rid of corruption is to get rid of the system.

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