Should Government Bail Out Big Banks?

In 2008, America experienced the biggest meltdown of its financial sector since the Great Depression. The conventional wisdom is that this failure and subsequent government rescue, commonly known as “the bailout” was brought about by three decades of bank de-regulation. There were a lot of causes for the meltdown, but deregulation wasn’t one of them. […]

What Is Free Banking, and Why Should I Care? | Learn Liberty

Ordinary debates about monetary and banking policy take it for granted that a government central bank like the Federal Reserve System will continue to provide money and that government regulators will continue to limit what banks may do in the payment system. Here I don’t want to take that for granted. I want to help […]

XXPLOSIVE IINFLATION

MY DOLLAR DON’T STRETCH AS FAR TWICE AS MUCH TO FUEL MY CAR OVERDRAFTS, THEY CAUSE ME HARM EATING BEANS HAS LOST IT’S CHARM NOW I’M SAYING THANK YOU CUZ… THEY TELL ME, MY SAVING’S GONE. INFLATION GOT SENATORS DRINKING COGNAC PASSING BILLS ALWAYS PORK MORE THAN ONE TAX INCREASE FISCAL INSOLVENCY CORRUPTION IN YOUR […]

Federal Reserve Open Board Meeting, June 29, 2011

CHAIRMAN BERNANKE: Good afternoon, everybody. We’re meeting today to review the final rule implementing the Debit Card Interchange provision to the Dodd-Frank Act. We’re approaching the one-year anniversary of Dodd-Frank. The Federal Reserve has been given substantial and important new responsibilities under this act, and we have been working diligently to implement the statutory requirements […]