The amount of currency in circulation is not changing. The money supply is not changing in any significant way.

If Wall Street crashes, does Main Street follow? Not necessarily.

How much would you pay to avoid a second Depression?

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

Both humanity's capacity to innovate and the incentives to innovate are greater today than at any other time in history.

The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.

Over the years, the U.S. economy has shown a remarkable ability to absorb shocks of all kinds, to recover, and to continue to grow.