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  • Natural economic order

    First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
    Posted to Economics Questions (Forum) by niphtrique on Fri, Oct 3 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: Monetary Policy and the loss of Manufacturing Jobs

    The part that you’re missing is the technical aspect of how the Federal Reserve creates money. This is understandable because critics often use the metaphor that the Fed is “printing’ money or “creating money out of thin air.” What actually happens is that the domestic trading desk at the New York Federal...
    Posted to Economics Questions (Forum) by DougM on Mon, Jan 14 2008
  • Question about inflation, fiat money, and the poor/middle class

    As I was educated in the Keynesian/inflationist school of economics, I have (until recently) always been a believer that moderate inflation is good for the economy, and inflation in general is generally favorable to borrowers. I have always believed in the Fed system because I thought it was better than...
    Posted to Economics Questions (Forum) by Jason Dean on Mon, Oct 22 2007
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