Money and Banks

Displaying 1 - 10 of 1570

Low Interest Rates Subsidize Wealthy Households

Money and BanksMoney and Banking

Blog11 hours ago
Wealthier households are often able to benefit more from low interest rates than can lower-income households.

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The Next Generation of Currency Wars: Private vs. State-backed Crypto

Big GovernmentMoney and BanksMoney and Banking

Blog10/20/2017
The revolutionary nature of cryptocurrency is at risk as governments around the world aim to co-opt it.

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Gas Station Hold-Up: Thieves Seize $59,000

Legal SystemMoney and BanksThe Police StateMoney and Banking

Blog10/19/2017
In America, a person convicted of no crime is often deprived of all his money assets, in many cases resulting in the destruction of his business.

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What a Gold-Backed Yuan and Cryptocurrencies May Mean for the Dollar

Money and BanksGold StandardMoney and Banking

Blog10/19/2017
China has wanted to unshackle itself from the dollar for a long time and now they’re giving yuan-denominated gold contracts a third try.

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Krugman and the "Heroic" Fed

The FedMoney and BanksMoney and Banking

Blog10/18/2017
If Krugman had his way, government agencies would have unlimited powers to control the economy, since government agents know better than everyone else.

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Seeking More QE for Japan — Abe Calls Snap Election

Global EconomyMoney and BanksMoney and Banking

Blog10/17/2017
The Bank of Japan is even more committed than the Fed is to continued QE and easy money.

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Gary Cohn is Concerned about Wall Street Clearinghouses – Blockchain is Already Fixing it

Bureaucracy and RegulationMoney and Banks

Blog10/16/2017
Helping de-escalate the risk of third party exchanges is, of course, simply one of the many potential applications for blockchain.

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Can a Modern Central Bank Still Be a "Banker's Bank"?

Swiss WatchMoney and BanksMoney and Banking

The culture of central banking has ventured so far from a culture of restraint that it's unlikely anything but abolition will now fix matters.

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How Much Do Central Banks Cost Us?

Money and BanksMoney and Banking

Blog10/11/2017
Anti-gold advocates claim that precious metals are wasteful. This is hardly convincing when we look at the fat budgets and payrolls of central banks.

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