James Turk: The Forgotten Fourth Function of Money & G-SIBs
Money is routinely defined by what it does, rather than what it is. That is unfortunate because its modern definition overlooks money’s important –…
Money is routinely defined by what it does, rather than what it is. That is unfortunate because its modern definition overlooks money’s important –…
In his recent article targeting the collapse of the FTX exchange, Ryan McMaken noted that the easy money regime we have lived under for more…
Source: https://en.irefeurope.org/publications/online-articles/article/whats-right-and-whats-wrong-about-the-expression-britaly/ written by Sergio Beraldo According to The Economist, these turbulent times have completed the transformation of Britain into a new country, characterized by…
When asked about price inflation in his Sunday interview with 60 Minutes, President Joe Biden claimed that inflation “was up just an inch … hardly…
by James Turk In 1922 Benito Mussolini became prime minister of Italy, putting that country on a path that had global ramifications. He was…
The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week…
A boom of credit expansion employed to increase output only further hinders the economy’s ability to recover. Cheap credit is not a tool to…
Milton Friedman (1963) argued that “inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only…
With a recession looming over the average American, the group to blame is pretty obvious, this group being the central bankers at the Federal…
Under any remotely sound money regime the aftermath of war and/or pandemic is highly likely to feature a sharp decline in the prices of…