by Dirk Ehnts, Econoblog101
Or, put differently, can firms, individuals or households borrow from the central bank? The answer for modern central banks is: no.
December 21st, 2014
in Op Ed
by Reverse Engineer, Doomstead Diner
Transcript: Greetings Doomfans, and welcome to another edition of the Frostbite Falls Daily Rant, here on the Doomstead Diner.
It's been a couple of weeks since I recorded my original Oil Crash Rant, and a ton of action has gone down in the interim, so it's time for an Update!
by John P. Cochran, Mises.org
More evidence which supports a yes answer to the question "Has the Fed Been a Failure?" (Cato Institute Working Paper No. 2 (December).