Review: American Bonds: How Credit Markets Shaped a Nation
Quinn’s American Bonds shows that the federal government’s credit policies were important factors behind the particular evolution of securitization and credit markets in the United States.
Money and Banking
Displaying 251 - 260 of 2055
Austrian Economics versus Keynesian Macroeconomics and Modern Monetary Theory
Presented at Mises University 2020.
Are Fractional Reserve Bank Deposits Money?
It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.
Are Fractional Reserve Bank Deposits Money?
It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.
Why Central Banks Are a Threat to Our Savings
Contrary to what many modern economists say, increased saving is not a problem for the economy. The real problem stems from declines in production and saving, and these often result from central banks' monetary policy.
The Fallacy of the Equation of Exchange
The assumption that an exchange presumes some sort of equality has been a delusion of economic theory since Aristotle.
The ECB Has Been Hiding Risk. They Won’t Be Able to Do It Much Longer.
The ECB can disguise the risk for a while, but the reality of the mounting debt and tax burden ahead is probably going to end in a debt crisis.
