All Posts Tagged With: "banking regulations"

Government’s Diminishing Benefits from Inflation

For millennia governments have resorted to expanding the money stock, either through coinage debasement or fiat money, to finance their expenditures. This expedient, with its resulting price inflation, has occurred most noticeably during wars. And the Zimbabwe hyperinflation of 2007–08, the second worst in world history, peaking at a rate of 79.6 billion percent per [...]

22Oct2010 | Jeffrey Rogers Hummel | 6 comments | Continued

Bootleggers, Baptists, and Bailed-Out Bankers

For more than a year now, people worldwide have experienced an extraordinary chain of economic events. Led by crushing increases in U.S. mortgage-related bankruptcies, the world financial collapse that followed has been termed the subprime crisis, the financial meltdown, the Wall Street bailout, the beginning of another Great Depression, and even the end of capitalism [...]

2Mar2009 | Bruce Yandle | 6 comments | Continued
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