Money and Banking

Only Father Time helps us cut through the policy nonsense and understand interest rates conceptually.

While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.

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.

All of the excess of unproductive debt issued during the period of complacency will exacerbate the problem in 2023 and 2024.

Jeff and Bob discuss whether the FTX scandal will be used to justify new "crypto" regulations or even the creation of a central bank digital currency.

While much attention has been directed toward Ben Bernanke's Nobel, the banking theories of Nobel winners Douglas Diamond and Philip Dybvig also need a second look.

The only lesson for the United Kingdom is to remember that if you follow Greece’s economic policies, you get Greek debt, unemployment, and growth.

Former Fed chairman Ben Bernanke and two other economists have received the Nobel in economics this year. Their work on banking is weak on causality and fails to recognize the damage done by the central bank.

Murray Rothbard explains money in his book The Mystery of Banking. The purchasing power of the dollar varies inversely with the supply of dollars, and directly with the demand. 

Inflationism terrorizes us.