Easy Money, Easy Morals
In this 33-minute talk Joseph Salerno discusses the right way to define inflation, and how it impacts both economic prosperity and culture.
In this 33-minute talk Joseph Salerno discusses the right way to define inflation, and how it impacts both economic prosperity and culture.
Now untethered from everything except the will of central bankers, international exchange rates are especially prone to manipulation worldwide.
What causes financial crises, domestic and global, is the underlying, continuing credit expansion.
The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.
The Fed's policies over the past decade have resulted in a rapidly widening wealth and income inequality.
The traditional interpretation of the effects of Andrew Jackson's opposition to the central bank suffers from faulty economy theory.
All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.
What the Fed was saying in 2007 suggests the central bank was practicing either deception, incompetence, or a combination of both.
China’s stealth devaluation is not making the country more competitive, it is making household and corporate debt riskier as the purchasing power of the yuan is diminished.
What is the direct-use value of bitcoin? And does it have any?