Central Bank


One Country’s Central Bank Is Urging Its 6 Million Citizens to Buy Gold

By  Shaun Bradley The Anti-Media February 22, 2017   One Country’s Central Bank Is Urging Its 6 Million Citizens to Buy Gold     The central bank of Kyrgyzstan is encouraging its six million citizens to each own at least 3.5 oz (100 grams) of physical gold. The precious metal is the nation’s leading export […]

One Country’s Central Bank Is Urging Its 6 Million Citizens to Buy Gold

Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market

Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market

By Frank Shostak Mises Institute January 17, 2017   Why Fractional-Reserve Banking Would Be Limited in an Unhampered Market   The so-called multiplier arises as a result of the fact that banks are legally permitted to use money that is placed in demand deposits. Banks treat this type of money as if it was loaned to them, […]


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

Will Ron Paul be appointed to the Federal Reserve board?

Will Ron Paul be appointed to the Federal Reserve board?

By Against Crony Capitalism December 20, 2016   Will Ron Paul be appointed to the Federal Reserve board?     (From Rare)   “Campaign for Liberty is working to mobilize our members in support of appointing Ron Paul, the leading critic of the Federal Reserve’s reckless monetary policy, to the Federal Reserve Board,” Campaign for […]


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 […]