Money and Banks

The EU's ending of the production of €500 bills changes the equation for how the bills will be valued.

More central banks are moving key interest rates to where they've never been seen before.

Central banks and their defenders would have us believe negative interest rates are necessary to stimulate demand. They're wrong.

The only good news this week came for Uncle Sam, who set new records in tax collection for 2015.

The fear of deflation is a big problem for the future of the global economy.

In determining the value of a currency, we must look to relative growth in the money supply, and relative purchasing power.

There's no need for pessimism over the idea that there is a recession ahead, and that the stock markets must plunge. No, this is the good news!

George Monbiot's attack on neoliberalism fails to account for the conflict between the Austrian school and the neoliberals.

Europe may turn to "helicopter money" as an easy solution. The problem of deciding who gets the money isn't quite so simple.

Why stop with Jackson? Let's ditch all the other politicians on US currency also.