Money and Banks

The Fed's terrible record of forecasting has destroyed its credibility to the point that its word no longer means anything.

Henry Hazlitt describes "the open conspiracy" among politicians to refuse to address the national debt.

The Bank of England warns of financial panic if Britain votes to leave EU.

Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.

Many Americans now lack even small amounts of savings to deal with life emergencies. This is a triumph for Keynesian economics.

Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back.

We can apply economic analysis to explain cultural transformation, and a particularly important example is fiat money.

Central bankers think the official statistics are overcounting inflation and undercounting productivity.

Thanks to the Fed's current monetary policy, real incomes are going down, and people are taking on more debt to maintain their standard of living.

The United States government is being hypocritical when it criticizes other governments for manipulating their currencies.