The Cobden Centre has been established to promote social progress through honest money, free trade and peace. We endorse Richard Cobden's view that:
Peace will come to earth when the people have more to do with each other and governments less.
Deposit insurance is one of the most misunderstood – and also most dangerous – forms of government intervention into the financial system.
Let’s start with the common misconception that deposit insurance is an industry-operated affair independent of the government.
In the UK, deposit insurance is provided by the Financial Services Compensation Scheme (FSCS). To quote from its [...]
Last year markets behaved nervously on rumours that QE3 would be tapered; this year we have lived with the fact. It turned out that there has been little or no damage to markets, with bond yields at historic lows and equity markets hitting new highs.
This contrasts with the ending of QE1 and QE2, which [...]
After closing at 3.03% in December 2013 the yield on the 10-year US T-Note has been trending down, closing at 2.34% by August this year. Many commentators are puzzled by this given the optimistic forecasts for economic activity by Fed policy makers.
According to mainstream thinking the Central Bank is the key factor in determining interest [...]
[Editor's note, this piece, by Richard Ebeling, is from EpicTimes]
It is an old adage that there are lies, damn lies and then there are statistics. Nowhere is this truer that in the government’s monthly Consumer Price Index (CPI) that tracks the prices for a selected “basket” of goods to determine changes in people’s cost-of-living and, therefore, [...]
Low interest rates contribute to weak labour markets
In the latter part of August, the cream of the world’s central bankers convened at the annual Kansas City Fed gathering at Jackson Hole, Wyoming. Every year the Conference has a theme. Last year’s was Quantitative Easing (QE): when and how it would end. This [...]