The Problem with Historical Illustrations of Free-Banking Systems
Historical experience does not appear to support the thesis of modern fractional-reserve free-banking theorists.
Historical experience does not appear to support the thesis of modern fractional-reserve free-banking theorists.
Forget the IMF’s forecasts of Venezuela’s hyperinflation. They are a prime example of junk science.
The Turkish lira collapse should have surprised no one. Yet, in this bubble-justifying market, it did.
Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.
The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.
The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.
Here's how to tell the Austrian approach on money apart from the views of other schools of thought.
Rothbard explains the concept of the "supply of money."
Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.
Money supply growth inched upward again in June this year, but remains well below the growth rates experienced from 2009 to 2016.