Central Banking

Friday, September 28th, 2012

The recent decision by the US Federal Reserve to contaminate the financial body until it responds favorably was the last straw in my book.

Thursday, September 27th, 2012
Archived from the live Mises.tv broadcast, this lecture by David Stockman was presented at the Mises Circle in Manhattan: "Central Banking, Deposit Insurance, and Economic Decline." Includes a welcome and introduction by Llewellyn H. Rockwell, Jr. Music by Kevin MacLeod.
Thursday, September 27th, 2012
One of the most enduring myths in the United States is that this country has a free market, when in reality, the market is merely the structural shell of formerly free institutions.
Tuesday, September 25th, 2012

The US central bank announced on Thursday, September 13, 2012, that it will expand its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month as it seeks to boost economic growth and reduce unemployment.

Thursday, September 20th, 2012

Richard Fisher and his allies at the Fed are a fine talent pool from which a new sound-money chairman might be drawn

Monday, September 17th, 2012

The San Francisco Fed asked people what they thought Quantitative Easing would do to the economy. The answer wasn't what they expected...

Thursday, August 30th, 2012
Does Klein really believe that the Fed currently adjusts the value of the dollar according to “the needs of our economy?”
Wednesday, August 22nd, 2012

Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump. Nonsense. Hungary’s recession results from its slumping money supply.

Wednesday, August 22nd, 2012

While some members of Congress and Republican presidential hopeful Mitt Romney want to label China a “currency manipulator,” little is said about the Federal Reserve’s role as an interest-rate manipulator.

Tuesday, August 21st, 2012

During the Cold War, national security analysts spoke knowingly about the art of "Kremlinology." This was a technique for understanding Soviet power relations and policy changes taking place inside the leadership compound in the Kremlin.

Tuesday, August 14th, 2012

Paul Ryan's plan won't succeed without legislation to prevent the Federal Reserve from monetizing the national debt.

Monday, August 6th, 2012

As concerns over the U.S. dollar and the Federal Reserve continue to grow, U.S. lawmakers are exploring sound money, competing currencies, and the route to monetary freedom.

Tuesday, July 31st, 2012

If monetizing debt is understood to mean printing money to pay for government deficits, then the Fed is guilty.

Tuesday, July 31st, 2012

Even after the Fed failed to foresee the greatest economic collapse since the Great Depression, the central bank has largely escaped criticism from academic economists. In the Fed’s thrall, the economists missed it, too.