Money and Banks

Bob and Jonathan Newman break down Krugman's incorrect notion that we shouldn't be paranoid about CBDCs.

If the dollar does lose its position as the global reserve currency, it will be catastrophic for the American economy.

Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble.

While progressive lawmakers blame the current banking crisis on regulatory issues, the Fed's easy money policies have been the real problem.

Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.

Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value.

April 5 is the 90th anniversary of Roosevelt's order outlawing private ownership of gold in America. This was part of an even larger plan to revolutionize the American monetary system.

A billion here and a billion there starts to add up to real money—we are now talking about real money when it comes to Fed losses.

Even a partial weakening of the dollar's global demand will limit the US regime's ability to throw its weight around internationally. Yet Washington is unwilling to do what's necessary to prevent it. 

While Elizabeth Warren and others are waving the bloody shirt for more bank regulation, the problem is that bank regulations themselves are creating financial instability.