Money supply and rising interest rates
byThe establishment, including the state, central banks and most investors are thoroughly Keynesian, the latter category having profited greatly in recent decades from their…
Winning Freedom Requires Some Radical Solutions
bySuppose that there was a button in front of you that if you pushed, it would, in one instant, abolish all the governmental controls…
Frank Knight’s “Risk, Uncertainty and Profit” 100 Years Later
byWithout Frank Knight, there would not have been a Chicago School of Economics. n Risk, Uncertainty and Profit, published in 1921, economist Frank Knight (1885-1972) sought to…
The Fed and low interest rate policy
byBy Dr Frank Shostak It is a commonly accepted view these days that the central bank is a key factor in the determination of…
The Economy May Be Finally Peaking, and the Fed Won’t Help Matters
byHere we go again it may seem to many. The Fed is preparing us for a policy tightening just when a powerful growth cycle…
Interest rates, money supply, and GDP
byThat the world is on the edge of a monetary and economic cliff is becoming increasingly obvious. And becoming more obviously permanent than transient,…
Transitory Inflation and Useless Ingredients
byTo listen to the audio version of this article click here Can you remember back to when you were two or three years old? Toddlers…
Monetary Policy Is in Turmoil
byMonetary policy is in turmoil. Ever since the financial crisis erupted eight years ago,* major central banks have fundamentally reformed the way they create and…
Where is the US dollar heading against the Euro?
byBy Dr Frank Shostak The price of the Euro in terms of the US$ closed at 1.135 in November against 1.156 in October and…
Central Bank Activism: Good Intentions, Bad Policy
byBy Kevin Dowd Talk to 39th Annual Cato Institute Annual Monetary Conference “Populism and the Future of the Fed” 18 November 2021 “Good afternoon, everyone….