The desire to avoid credit and investment boom-bust cycles has led some to advocate replacing money creation through bank credit extension with direct money issuance by the central bank or a private entity, or linking money to an existing asset.

Unconventional monetary policy measures have no influence on the distribution of wealth in Germany. At least that is the view of Bundesbank President Jens Weidmann. We checked the figures.

Although citizens in the major EU countries feel attached to the EU, there is a widespread perception in member states that things go wrong in the block.

Since interest rates in most industrialized countries have fallen to unprecedented lows, economists have been concerned about the reasons for the crash. Meanwhile, the guild is divided into two camps.

Japan’s economic activity and prices have been moderately firmed for over a year now, leading to conclude the BoJ that “implementing a large-scale policy to overcome deflation” was no longer warranted. However, given that the inflation target has bee ...