Whenever people talk about Money Printing they often exclusively focus on cases where money printing went horribly wrong. For example, they might talk about how money printing in the 1920s in Germany led to hyperinflation and how that set the scene for the rise of the Nazi party. Or about... [Read More]

The world is in lockdown and that is not just tough for our wellbeing but also for our wallets. All over the world, economies are taking massive hits. But, not all lock-downs are implemented equal . So, the economic hit won’t be either. This post covers the top five strictest,... [Read More]

Following in the footsteps of Zimbabwe and Venezuela, the United Kingdom announced it will turn to monetary finance for its Coronacrisis spending. So, what exactly is monetary finance? Why has the UK started using it? And will it lead to hyperinflation? If you prefer to consume this story in video... [Read More]

With the Coronavirus ravaging the global economy, central banks have once upon called upon to save the it with policies such as interest rate cuts, quantitative easing, and helicopter money. But before getting into the more exotic policies, this post will cover how central banks control the money supply using... [Read More]

Many economic textbooks and popular YouTube movies teach an outdated theory about how banks create money. This post covers what is wrong with it, The outdated money theory is known as the money multiplier theory and it is closely related to the idea of fractional reserve banking. While this theory... [Read More]