Donald Trump is back in the White House with a clear preference for cheap money, aggressive fiscal stimulus and a Federal Reserve that cuts rates "by a lot." If that mix leads to another round of ...

To understand money supply growth, it is essential to distinguish between reserve creation and deposit creation. Garrett argues that referring to the Fed’s operations as 'money printing' is not merely ...

What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and ...