There’s plenty of frustration, irritation, and anger at banks during times of financial crisis and recession. Complaints run the gamut: bank over-exuberance (“predatory lending”) fueled the boom, and their under-exuberance […]
Financial industry regulation has been a hot topic in the wake of the Panic of 2008 and ensuing recession. Many pundits blamed the crisis on a vaguely-defined concept of “deregulation.” […]
Last week, I wrote something here that might seem a little strange for a “sound money” blog. I stated that fiat paper money could be the optimal form of money […]
The emergence (note I don’t say “invention”) of money stands out as one of the great boons to human economic development. Life before money was frustrating. For a mutually beneficial […]