Gold and Free Banking versus Central Banking
In spite of the officially declared “independence” of the Federal Reserve from the immediate political control of either Congress or the White House, America’s…
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Open Letter to Mercatus Center
Letter to Patrick Horan Program Manager for Monetary Policy Mercatus Center Via Internet Dear Mr. Horan and Mercatus: It just came to my attention…
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Explaining the credit cycle
This article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be…
Read MoreWhy the MSM Hates Judy Shelton
By the Robert Aro at the Mises Institute Imagine if a member of the Federal Reserve Board of Governors said the following: When governments manipulate exchange rates to…
Read MoreHow Keynesian ideas continue to destroy the economy
As a result of the coronavirus pandemic most experts are of the view that it is the role of the government and central bank…
Read MoreNomination for the Board of Governors of the Federal Reserve
We read the news today that Judy Shelton has been approved by the Senate Banking Committee. This means that the full Senate can vote…
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Next Generation EU” spending plan: Towards strengthening or weakening the EU in the long run
Olympios Raptis // 1 July 2020 While the media, right and left-wing parties and the average newspaper reader celebrate in anticipation of “helicopter money”…
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Money Supply Growth in May Again Surges to an All-Time High
Money supply growth surged to another all-time high in May, following April’s all-time high that came in the wake of unprecedented quantitative easing, central…
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Corona’s Surprising Productivity Surge
By Henrique Schneider Around the world, productivity growth has been slowing. In developed economies, productivity has risen by less than 1 percent annually for several…
Read MoreCan an increase in the demand for money neutralize the effect of a corresponding increase in money supply?
According to popular thinking, not every increase in the supply of money will have an effect on the production of goods. For instance,…
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