Money versus Monetary Policy
Money is simple. The political program of monetary "policy" is not.
Money and Banking
Displaying 51 - 60 of 1985
The “True” Money Supply: A Measure of the Supply of the Medium of Exchange in the U.S. Economy
Measures of the U.S. money stock in current use are flawed precisely because they are not based on an explicit and coherent theoretical conception of the essential nature of money.
Rome’s Runaway Inflation: Currency Devaluation in the Fourth and Fifth Centuries
No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.
The Rise and Fall of Good Money: A Tale of the Market and the State
Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.
The Present Fiat Monetary System Is Breaking Down
The fiat monetary system is slowly breaking down, taking the economy with it.
The Present Fiat Monetary System Is Breaking Down
The fiat monetary system is slowly breaking down, taking the economy with it.
Rome’s Runaway Inflation: Currency Devaluation in the Fourth and Fifth Centuries
No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.
Father Time versus Central Bankers
Only Father Time helps us cut through the policy nonsense and understand interest rates conceptually.
And So It Begins: Digital Currency Becomes Possible in our Future
While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.
Digital Currency: The Fed Moves toward Monetary Totalitarianism
One hardly can imagine a better tool of social control than a digital currency. Not surprisingly, U.S. monetary authorities are moving in that direction.
