ALEX J. POLLOCK
Mr. Pollock is a Senior Fellow at the Mises Institute, the author of ‘Finance…
Latest Articles
How Can the Federal Reserve Pay Dividends to Its Shareholders When It Has No Profits?
A political compromise struck in 1913 has put the system of our central bank in an untenable position.
The Great Pretenders: 50th Anniversary of Hayek’s Nobel Prize Acceptance Speech Is Marked — and What an Apt Moment
The economic sage saw that the attempts of central bankers to control the markets is based on a ‘pretense of knowledge.’
The Day Lyndon Johnson Pushed the Fed Chairman Around the Room While Shouting Curses at Him
Yet it turns out that the president still isn’t the boss of America’s central bank.
Should the Fed Be Independent or Accountable?
The central bank has lost all its capital more than four times over, and its real capital today is negative $158 billion.
How Can One Understand the Federal Reserve’s Nearly $200 Billion in Losses?
These losses have been racked month by month — every month — since 2022.
A Monetary Reform Agenda for the GOP, Should It Win the Coming Election
It’s been half a century since the collapse of the Bretton Woods gold exchange standard — how do we like the results?
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