Money and Banking

Displaying 71 - 80 of 1461

What Is This "Neutral" Interest Rate Touted by the Fed?

The FedMoney and BanksMoney and Banking

Blog01/03/2017

The Fed says it can use a "neutral interest rate" to set policy. But, Fed economists don't understand how the neutral rate works.

Read more

Do Central Bankers Know a Bubble When They See One?

The FedMoney and BanksMoney and Banking

Blog01/01/2017

At different times and in different places, Fed officials have changed their stories about whether or not bubbles can be seen before they pop.

Read more

Negative Interest Rates: How Low Can They Go?

Money and BanksMoney and BankingPolitical Theory

Negative rates can work because the opportunity cost of holding physical cash is not zero. Abolishing large banknotes further increases the cost.

Read more

Central Bankers Are Losing Faith in Their Own Alchemy

Money and BanksMoney and BankingPolitical Theory

Blog12/28/2016

In his new book, central banker Mervyn King sometimes sounds like Murray Rothbard. But in the end he continues the problem of central banking control.

Read more

How Interest Rates Affect Time Preference — and Vice Versa

Money and BanksMoney and Banking

Blog12/27/2016

A general increase in price inflation, resulting from increasing money supply and a fall in real wealth, will lead to a general rise in interest rates.

Read more

Why Are Dollar Bills Worth Anything?

Monetary TheoryMoney and Banking

Blog12/21/2016

Today's paper money does not have value due to some government decree. It's value as money is based on a past connection to commodity money.

Read more

Will A Stronger Dollar Cause a Trade War with Europe?

The FedGlobal EconomyMoney and BanksMoney and Banking

Blog12/18/2016

If the US dollar begins to return to monetary sanity — for now — other currencies will face grave threats to their monetary status quo.

Read more

Six Steps Trump Can Take Toward Better Monetary Policy

Money and BanksMoney and BankingPolitical Theory

Even without ending the Fed, there are several steps that the Trump administration can take toward improving monetary policy.

Read more

How Inflation and Unemployment Are Related

Money and BanksMoney and Banking

Blog12/13/2016

Easy-money policies destroys wealth and lead to unemployment. When money creation is limited, wealth and employment expand.

Read more

Shield icon library