banking


Central Bankers Are Losing Faith in Their Own Alchemy

By David Gordon Mises Institute December 31, 2016   Central Bankers Are Losing Faith in Their Own Alchemy   Mervyn King is the British Ben Bernanke. An eminent academic economist, who now teaches both at New York University and the London School of Economics, King was from 2003 to 2013 Governor of the Bank of […]

Central Bankers Are Losing Faith in Their Own Alchemy

Global Financial Markets

Global Financial Markets Plunged Into Chaos As Italy Overwhelmingly Votes ‘No’

By Michael Snyder Economic Collapse Blog December 5, 2016   Global Financial Markets Plunged Into Chaos As Italy Overwhelmingly Votes ‘No’     Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos.  The euro […]


Takeaways From The FOMC Meeting

The Symbiotic Relationship Between Central Banking and Total War

By Paul-Martin Foss Carl Menger Center September 28, 2016   The Symbiotic Relationship Between Central Banking and Total War     The following is the prepared version of a speech delivered at the Ron Paul Institute Conference in Sterling, VA. I am here today to talk about one of the most important, but also most […]


German Response to Negative Interest Rates: Safe Deposit Boxes

By Paul-Martin Foss Carl Menger Center March 19, 2016   German Response to Negative Interest Rates: Safe Deposit Boxes     The Japanese response to negative interest rates was to buy personal safes. The German response is to pull money out of bank accounts and stick it in safe deposit boxes. Both are perfectly understandable […]

German Response to Negative Interest Rates: Safe Deposit Boxes

The Momentum Towards Breaking Up Banks Increases

By Paul-Martin Foss Carl Menger Center March 2, 2016   The Momentum Towards Breaking Up Banks Increases   Image: Taro Taylor   The movement to break up big Wall Street banks has been picking up steam recently. No longer just the refrain of presidential candidate Bernie Sanders and Senator Elizabeth Warren, the move to end “Too […]


The Long History of Government Meddling in the American Marketplace

By Mike Holly Mises.org February 29, 2016   The Long History of Government Meddling in the American Marketplace   Although the causes of economic crises recurring throughout US history and often spreading worldwide can’t be proven using empirical means, oppressive government regulations favoring special interests in relevant industries have preceded every crisis. Typically, cronyism involves support […]


Why Breaking Up Big Banks Is No Solution

By Paul-Martin Foss Carl Menger Center February 20, 2016   Why Breaking Up Big Banks Is No Solution     Neel Kashkari used his first public speech as President of the Minneapolis Fed to argue in favor of breaking up big banks. Big banks are problematic for a number of reasons, not least of which […]


The Future of Banking: The Dangers of Electronic Currency

By Paul-Martin Foss Carl Menger Center February 15, 2016    The Future of Banking: The Dangers of Electronic Currency     We live in a world in which more and more things happen electronically. It is now possible to buy all your clothes online, all your books, all your food, and have them all delivered […]

The Future of Banking: The Dangers of Electronic Currency