Tag Archives: Fed

Discussion of John Tamny’s: Who Needs the Fed?

John concludes that we do not need the Fed because the Fed has become irrelevant. He argues that the interest rate “set” by the Fed is not relevant for the rest of the economy and that the Fed’s influence on … Continue reading

Posted in Economics, Money, Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

Printing Money

Isn’t that just printing money?  Here is a quick, and hopefully simple, primer on what central banks do. Central banks print money. They are responsible for issuing a country’s legal tender (banknotes and bank deposits with the central bank) and … Continue reading

Posted in Money | Tagged , , , , , , , , , , , , , , | Leave a comment