monetary


Wall Street’s Doomsday Machine

By David Stockman Mises.org June 1, 2016   Wall Street’s Doomsday Machine   The posse of fools in the Eccles Building is so petrified of a stock market hissy fit that it has more or less created a Wall Street doomsday machine. After trolling on the zero bound for 89 straight months now, the FOMC falsely believes that it has levitated the […]

Wall Street's Doomsday Machine

Beware of the Chaos of Helicopter Money

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, […]


Abolishing the 500-Euro Note: Fighting or Facilitating Crime?

By Joseph T. Salerno Mises.org May 6, 2016   Abolishing the 500-Euro Note: Fighting or Facilitating Crime?   Citing grave concerns that “this banknote could facilitate illicit activities,” those desperate inflationists intrepid crime fighters at the ECB have announced that production of the 500-euro note–the so-called “Bin Laden note”–will cease at the end of  2018.  To allay public suspicion that this  despotic […]

Abolishing the 500-Euro Note: Fighting or Facilitating Crime?

Will Venezuela Be Forced to Embrace the Dollar?

You Know Your Inflation Is Bad When…

By Paul-Martin Foss Carl Menger Center May 3, 2016   You Know Your Inflation Is Bad When…     Inflation is Venezuela has gotten so bad that the Venezuelan government cannot afford to buy new money. As with many countries that have resorted to inflation to attempt to cure their economic woes, Venezuela has run […]


Central Banks, Fiat Money, and Barter

By Paul-Martin Foss Carl Menger Center April 12, 2016   Central Banks, Fiat Money, and Barter     There have been many monetary cranks over the course of the centuries who have thought that creating more money would benefit society, and have sought to do so by creating money backed by assets. John Law’s Mississippi […]

(Image courtesy of irina slutsky/Flickr,CC)

Japan’s Wild Monetary Experiment Is Far From Over

Japan’s Wild Monetary Experiment Is Far From Over

By Brendan Brown Mises.org April 12, 2016   Japan’s Wild Monetary Experiment Is Far From Over   The leading narrative in the foreign exchange markets is told and re-told to explain how the Japanese yen has surged this year despite an ever wilder monetary experiment pursued by the Abe government. The story seems plausible to many, and […]


British Central Bank Head Accuses Brussels of Creating Depression

By Daily Bell Staff The Daily Bell March 4, 2016   British Central Bank Head Accuses Brussels of Creating Depression     “Europe’s deep economic malaise is the result of “deliberate” policy choices made by EU elites, according to the former governor of the Bank of England.” –UK Telegraph One of the world’s most important […]

British Central Bank Head Accuses Brussels of Creating Depression

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Central Banks Should Stop Paying Interest on Reserves

By Brendan Brown Mises.org February 23, 2016   Central Banks Should Stop Paying Interest on Reserves   In 2008, the Federal Reserve began paying interest on reserve balances held on deposit at the Fed. It took more than seven decades from the US leaving the gold standard — in 1933 — for the fiat regime to […]


What Markets Are Telling Us

By Ron Paul Ron Paul Institute February 15, 2016 What Markets Are Telling Us   Last week US stock markets tumbled yet again, leaving the Dow Jones index down almost 1500 points for the year. In fact, most major world markets are in negative territory this year. There are many Wall Street cheerleaders who are […]

Ron Paul

The Future of Banking: The Dangers of Electronic Currency

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 […]


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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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 […]


The Shadow Rate Casts Gloom

By Peter Schiff Euro Pacific Capital November 14, 2015   The Shadow Rate Casts Gloom   Nearly 92% of economists surveyed this week by the Wall Street Journal expect that our eight-year experiment with unprecedented monetary easing from the Federal Reserve will come to an end at the next Fed meeting in December. Since we […]

The Next Recession Looms Large

Ron Paul

Blame the Federal Reserve, Not China, for Stock Market Crash

By Ron Paul Ron Paul Institute August 30, 2015     Blame the Federal Reserve, Not China, for Stock Market Crash   Following Monday’s historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose “solutions” to our economic woes. Not surprisingly, most […]


Will The Federal Reserve Provide Us With The Next Abuse Of Power Scandal?

By Against Crony Capitalism August 30, 2015   Will The Federal Reserve Provide Us With The Next Abuse Of Power Scandal?     This piece is from Alejandro Chafuen and it is 2 years old. But in light of the current Fed confab in Jackson Hole and the ongoing market twitches, drops, and government induced […]

Federal Reserve