Money and Banks

Central banks' economic models repeatedly and incessantly over-estimate economic growth. We can only speculate as to their motivation.

Alexandria Ocasio-Cortez thinks Christian theology supports her bill on excessive interest. Her position ignores the actual history of Christian views of usury.

Central banks' efforts to artificially stabilize interest rates encourages greater risk-taking by banks, and contributes to instability in the banking sector.

Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.

The "subsistence fund" — created by real savings — is the foundation of true economic growth. But it can be eroded and destroyed by creating money "out of thin air."

Assessing cryptocurrencies through a framework of "saleableness" may help us understand why some cryptocurrencies are chosen for speculation above others.

Economic theory must have only one purpose — to explain economic activity. However, statistical methods are of no help in this regard.

It is not easy to change the failed policies of the Kirchner era without recognizing the enormous monetary and fiscal hole created by the previous administration.