Why Wage Growth Is So Weak
As central banks enable the creation of money out of thin air, wealth creation has suffered, as has worker productivity.
Money and Banking
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Today Janet Yellen Explained (Yet Again) Why Interest Rates Should Stay Low
Today, Janet Yellen struck a dovish tone with Congress, saying that the Fed's target interest rate is not really that low after all.
Bank of Canada Raises Rates for First Time in 7 Years
It may be minor, but this week's rate hike should be just high enough so the Bank of Canada can cut them again when things start to get tough.
On Borrowed Time
Those of us who are hostile to central planning are doubly hostile to governmental interference in the price mechanism — the policies of QE and ZIRP.
The Bernanke-Yellen Bubble-Depression
The next economic crisis will be directly tied to the last economic crisis and the policies the Fed used to “solve” it. As such, it should be called the Bernanke-Yellen Crisis.
Does a Falling Money Supply Cause Recessions?
A falling money supply is not the cause of economic contractions. It is usually just a symptom of a larger problem resulting from money-creation out of thin air.
Money, Keynes, and History
Though the descent of Keynesian doctrine from intellectual respectability can be denied no longer, it still gravely threatens sensible monetary policy.
Testosterone and the Madness of Central Bankers
People really do experience a type of high when experiencing windfall profits. Does this play a role in central-bank-induced booms and busts?
Why Civilization Needs Money
Our civilization is inseparably linked with our methods of economic calculation.
Beware the Predictions of “Experts” Like Janet Yellen
Alarm bells should go off when an economist, central banker or government official declares there’s no danger of economic turmoil in the near future.
