Money and Banks

We're in a boom period, but housing construction is scant — which is making housing less affordable.

Contrary to what the Keynesians will say, a stronger yen could be good for Japan. 

Money is not neutral, and changes in the money supply set into motion a variety of unpredictable movements. 

Argentina's president Mauricio Macri has been as bad as, if not worse than, his left-wing populist predecessor on the inflation front.

Thanks to the defeat of the more fiscally responsible member states, the EU has become a de facto transfer union. 

In this interview, Joseph Salerno discusses how he and Murray Rothbard developed a better measure of the money supply. 

Mises advocated free banking because he thought it would restrain fractional reserve banking, which he viewed as the cause of unsustainable booms.

As far as the currency exchange rate determination is concerned, the essential variable is the relative changes in the purchasing power of various monies. 

"Different people and the same people at different times value the same objective facts in a different way."

There are several reasons why the euro crisis is far from being over and government finances still unsustainable.