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  • Citation for Friedman "non-interest bearing obligations" quoted by Sennholz?

    Normal 0 false false false EN-AU X-NONE X-NONE MicrosoftInternetExplorer4 Can anyone provide a citation that supports the statement by Hans F. Semholz posted at that Friedman “calls for the issue of government money in the form of non-interest bearing obligations that...
    Posted to Economics Questions (Forum) by Shann Turnbull on Thu, Oct 30 2008
  • Re: Why have a Central Bank?

    Central banks perform a number of functions; basically they act as the government's own bank, holding the government checking accounts and collecting tax receipts, facilitating the issuance of bonds, etc. They are also frequently given regulatory functions, such as the enforcement of fractional reserves...
    Posted to Economics Questions (Forum) by PhCrawford on Sat, Sep 13 2008
  • Re: When can the fed print more money?

    [quote user="donmc"] Also, the main reason that the fed lowers rates is to increase borrowing and thus increase spending/consumption (to "stimulate the economy" in news fedspeak). [/quote] Note that this is a smokescreen put up by John Maynard Keynes in 1935, well after the Fed was...
    Posted to Economics Questions (Forum) by hjmaiere on Mon, Apr 14 2008
  • Re: A video on banking today

    Thanks for posting the link. I thought the video was interesting but I don't agree with a lot of what it says. Here are my main disagreements: -The author seems to think that a constantly growing money supply is necessary. -The film condemns all credit transactions where interest is charged, as opposed...
    Posted to Economics Questions (Forum) by John Stabbyman on Sat, Dec 8 2007
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