A Primer On Value – for non-investing and investing man
„Value is … the importance that individual goods or quantities of goods attain for us because we are conscious of being dependent on command…
Hayek’s ‘Denationalization Of Money’. Some critical remarks
Lecture by Thorsten Polleit at the Vinson Centre at the University of Buckingham. I. The title of my talk is “Hayek’s ‘Denationalization Of Money’….
THE WORLD’S FIAT MONEY REGIME UNDER PRESSURE. THE VALUE PROPOSITION FOR GOLD
By Thorsten Polleit 1. We live in a fiat money regime. The US dollar, the euro, the Chinese renminbi, the Japanese yen, the British…
Rising Interest Rates and the “Great Reset” Bubble
Even though many deny it, the “Great Reset” exists, referring to a set of ideas that range from “stakeholder capitalism” to “wokeness” and “fourth…
Antony C. Sutton’s “The War On Gold” Revisited
By Thorsten Polleit I. Antony C. Sutton (1925-2002) was a British economist and economic historian who taught in the US, at California State University….
Against the Destruction of Western Civilization
It is possible for people to live together peacefully and productively. But politics damages and even destroys the necessary foundations. In fact, the damage…
The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
In the international fixed-income markets, interest rates are rising, and the decades-long trend of declining bond yields has undoubtedly been broken. On August 2,…
You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come
Relief is spreading among economic analysts and stock market experts. Energy prices are decreasing noticeably. The energy supply this winter seems secure; in Europe,…
Inflation, High Inflation, Hyperinflation
The word “inflation” is heard and read everywhere these days. However, since different people sometimes have very different understandings of inflation, here is a…
Socialism vs Free Enterprise
I. THE STARTING CONDITIONS In this article I want to explain that a rapid departure from the free market system (or what is left…