Monetary Policy

As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.

We should not just be concerned about problems in the American banking system, but also about the proliferation of Eurodollars.

While many economists claim that high overall debt levels can lead to economic recessions, irresponsible government spending and money expansion are the real culprits.

The call for "price stabilization" was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to "stabilize prices" is a very bad idea.

While the government promotes CBDCs as tools for "inclusion," it is more likely that they will be another vehicle for federal intrusion.

The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.

There are no more rabbits for the Fed monetary magicians to pull out of their hats. In an economy addicted to artificially low interest rates, any more moves by the Fed will trigger an economic downturn.

Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.

The "2 percent" inflation target is purely arbitrary, and mainstream economists can't agree on the "right" level. It's all folly, and Austrian economics explains why. 

Keynes denounced monetary gold as "a barbarous relic." In the end, it will be that "barbarous relic" that overthrows the regime of paper currency.