banking


Fractional Reserve Airline Seats

By Christopher P. Casey Mises Canada April 22, 2017   Fractional Reserve Airline Seats     Every year, airlines deny thousands of passengers seats on flights due to overbooking.  Airlines use sophisticated modeling to manage overbooking to maximize profits given the reality of passenger no-shows.  Legally permissible under their “contract of carriage” with passengers, fewer than […]

Fractional Reserve Airline Seats

Russia and China Preparing Alternative Banking Architecture

Russia and China Preparing Alternative Banking Architecture

By James Corbett The International Forecaster April 17, 2017   Russia and China Preparing Alternative Banking Architecture     It may have arrived with little fanfare, but Russia’s SWIFT alternative has, more or less, arrived. Speaking in no uncertain terms at a meeting with Russian President Vladimir Putin late last month, Elvira Nabiullina, the Governor of Russia’s […]


Are Central Banks Worthy of Trust?

By C.Jay Engel Mises Institute March 24, 2017   Are Central Banks Worthy of Trust?   In an essay on Edmund Burke’s view of the nature of government, Murray Rothbard quoted him as saying: In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! The […]

Are Central Banks Worthy of Trust?

Trade v Banking – The Real Issue

Trade v Banking – The Real Issue

By Martin Armstrong Armstrong Economics February 19, 2017   Trade v Banking – The Real Issue     While CNN and ABC news have turned really vicious against Trump, they are failing to report the real impact of world events that can undo everything. As we head into April/May, we are looking at a real […]


Central Bankers Are Losing Faith in Their Own Alchemy

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 […]


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 […]

Global Financial Markets

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 […]

Democracy Is A Front For Central Bank Rule

German Response to Negative Interest Rates: Safe Deposit Boxes

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 […]