Central Bank


Negative Rates Will Kill Growth

By Peter Schiff Euro Pacific Capital September 13, 2016   Negative Rates Will Kill Growth   For years I have argued that ultra-low interest rates act more as an economic sedative than a stimulant. This idea has elicited laughter from the economic establishment. But it is becoming clearer that rates set by central banks that are far below […]

The Next Recession Looms Large

Helicopter Money: The Biggest Fed Power Grab Yet

Helicopter Money: The Biggest Fed Power Grab Yet

By David Stockman Mises.org July 17, 2016   The Cleveland Fed’s Loretta Mester is a clueless apparatchik and Fed lifer, who joined the system in 1985 fresh out of Barnard and Princeton and has imbibed in its Keynesian groupthink and institutional arrogance ever since. So it’s not surprising that she was out flogging — albeit down under in Australia — the next step […]


The End Game Of Bubble Finance: Political Revolt

By David Stockman Mises.org July 1, 2016   The End Game Of Bubble Finance: Political Revolt   During Friday’s bloodbath I heard a CNBC anchor lady assuring her (scant) remaining audience that Brexit wasn’t a big sweat. That’s because it is purportedly a political crisis, not a financial one. Presumably in the rarified canyons of Wall Street, politics doesn’t matter […]

The End Game Of Bubble Finance: Political Revolt

Texan Plans to Build Gold Depository

Texan Plans to Build Gold Depository

By Ryan McMaken Mises.org May 17, 2016   Texan Plans to Build Gold Depository   Last year, we covered a story coming out of Texas in which the state government was planning to institute a state-controlled “gold depository” that would allow individuals to store their gold in a presumably safe place outside the United States banking […]


Beware of the Chaos of Helicopter Money

By Daily Bell Staff The Daily Bell May 11, 2016   Beware of the Chaos of Helicopter Money     Indian central bank governor says helicopter money no panacea … Indian Central Bank Governor Raghuram Rajan said on Tuesday that he had doubts “helicopter money”, or free cash given directly to citizens to stimulate growth, […]

Beware of the Chaos of Helicopter Money

Fed Positions Itself to Unleash Three Tools of Power Expansion

By Daily Bell Staff The Daily Bell March 19, 2016   Fed Positions Itself to Unleash Three Tools of Power Expansion     “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability … Against this backdrop, the Committee decided to maintain the target range for the federal funds rate […]

Fed Positions Itself to Unleash Three Tools of Power Expansion

We Are Headed Toward a Cashless Society?

We Are Headed Toward a Cashless Society?

By Thomas J. DiLorenzo Mises.org March 14, 2016   We Are Headed Toward a Cashless Society?   In this article, Claudio Grass, Managing Director at Global Gold Switzerland, talks to economist and Mises Institute Senior Fellow Thomas DiLorenzo. This exclusive interview covers central bank monetary policies, Keynesian economics, the economic“recovery,“ political correctness, and much more. Claudio Grass: […]


Where Negative Interest Rates Will Lead Us

Where Negative Interest Rates Will Lead Us

By Patrick Barron Mises.org February 26, 2016   Where Negative Interest Rates Will Lead Us   Despite zero-interest-rate-policy (ZIRP) and multiple quantitative easing programs — whereby the central bank buys large quantities of assets while leaving interest rates at practically zero — the world’s economies are stuck in the doldrums. The central banks’ only accomplishment seems […]


European Central Bank Gets Ready for More Easy Money

By Frank Shostak Mises.org January 12, 2016   European Central Bank Gets Ready for More Easy Money   On January 21, 2016 European Central Bank (ECB) President Mario Draghi signaled that the governing council may provide more stimulus at its next meeting in March. “There are no limits to how far we’re willing to deploy our […]

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(Image courtesy of DonkeyHotey/Flickr,CC)

The Fed wants to see what happens if it moves to negative interest rates

By Against Crony Capitalism February 2, 2016   The Fed wants to see what happens if it moves to negative interest rates     It wants to see via a “stress test” of banks. But even with the Fed raising a quarter point recently, so called liftoff, the general trend globally is in the opposite […]


How Money Disappears in a Fractional-Reserve Money System

By Frank Shostak Mises.org December 2, 2015   How Money Disappears in a Fractional-Reserve Money System   Most experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US and the world from another Great Depression. On this the Federal Reserve Chairman at the […]

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Peter Schiff Says to Arbitrage the Fed

By Daily Bell Staff The Daily Bell October 14, 2015   Peter Schiff Says to Arbitrage the Fed     Peter Schiff: The Fed Has Created A “Bad Is Good” Economy … The downright dismal September jobs report that was released last Friday may prove to be the flashing red beacon that even the most […]

Fed Holds Rates Steady: Setting Up for December Hike?