central bank

R.I.P. Paul Volcker, the Last “Good” Central Banker

December 12, 2019December 12, 2019 Jp Cortez

The last true enemy of inflation the Federal Reserve has seen died earlier this week. Paul Volcker, former chairman of the Federal Reserve from 1979-1987, has passed away. Credited with tampering incredibly high levels of inflation during the Carter and Reagan administration by jacking up interest rates to unpleasant levels, Volcker’s passing harkens back to a time when central bankers... Read More

The Dethroning of Cash

February 4, 2016September 9, 2016 Stefan Gleason

The Dethroning of Cash: Discouraged, Penalized, Even Banned? Stock market gyrations and deteriorating global economic conditions in the early goings of 2016 sent investors fleeing for safety. Or at least what is commonly thought to be safety. Many in the financial media are now trotting out the bromide that “cash is king.” A sampling of recent headlines illustrates how pervasive... Read More