The velocity of money occurs when you have a thriving economy, when dollars change hands often and when activity is increasing. After the events of Nov. 7, are we going to see an increase in the ...
I often get asked my thoughts on where the economy is heading, and sadly, I don’t have a crystal ball, but I do have several gauges that I use to help determine the direction that the economy might be ...
John Greenwood and Steve Hanke’s forecast “Another Black Monday May Be Around the Corner” (op-ed, Oct. 23) is less than convincing for two reasons. First, they ignore the existence of a banking system ...
We’ve probably all said or heard the phrase, “that money is burning a hole in that kid’s pocket.” It’s a way of saying that the kid can’t wait to spend the money on whatever comes his way first. In ...
Steve Hanke and Nicholas Hanlon’s op-ed “Powell Is Wrong. Printing Money Causes Inflation” (Feb. 24) presents a ridiculous argument about how money causes inflation based on the equation of exchange ...