Sound Banking

Thursday, January 26th, 2012

The cost to America's economy, by destroying savings and price signals, is too great; the power of the Fed must be rolled back, then eliminated.

Thursday, December 29th, 2011

World leaders probably spent more time worrying about the eurozone crisis than anything else in 2011.

Wednesday, December 28th, 2011
The election of Spain's new President of Government, Mariano Rajoy, has produced quite a few expectations. His plan seems to go against the tide on some focal points regarding the problems of the European Crisis.
Wednesday, December 28th, 2011
Bombastic European Speaker Nigel Farage MEP, UKIP, Co-President of the EFD Group in the European Parliament (Europe of Freedom and Democracy) shows American representatives how it should be done.  He attacks the failed currency union, unelected bureaucrats, and buying debt with debt.
Wednesday, December 28th, 2011

Observations on the Discussions Concerning Free Banking [This article is excerpted from chapter 17 of Human Action: The Scholar's Edition and is read by Jeff Riggenbach]

Monday, December 19th, 2011
A while back there was a story in the Wall Street Journal (“America’s Debt Cutting Hampers Growth,” Oct. 22) about deleveraging in the U.S. economy.
Thursday, December 15th, 2011
Strange and amazing things happen when sovereign debt levels get out of hand.
Friday, December 2nd, 2011
The Baring Crisis of 1890 is pointed out as the first modern international emerging financial crisis. The collapse of the banking system in Argentina came very close to triggering a financial crisis in London, the major international financial center.
Friday, November 25th, 2011
The following passage in a note at The Economist points out to the well-known problem of moral hazard with lenders of last resort.
Sunday, November 20th, 2011
The recent political events in Europe, especially the situation in Greece and in Italy, brought new concerns about the situation in Europe and the future of the Euro. If countries do not honor their debts, how hard will their economy be hit?
Wednesday, November 16th, 2011
The financial, and fiscal, crisis in Europe has brought doubt to the future of the Euro. Can it persist, or are we witnessing the end of the Euro? But, if the Euro is to be abandoned, how will the transition play out?
Wednesday, November 2nd, 2011

EU and U.S. debt are interlinked through the banking system.

Monday, September 19th, 2011

Research Reports

Vol. LXXVIII, No. 16 | September 19, 2011
When nations accumulate a certain level of debt, growth suffers. For the U.S., that dangerous moment is now.
by Polina Vlasenko, PhD, Research Fellow

Additional Content

Monday, September 5th, 2011

Research Reports

Vol. LXXVIII, No. 15 | September 5, 2011
There aren’t a lot of ways to reduce government debt. The most likely scenario puts the burden on savers.