Inflation and German sensibilities
Angela Merkel told the German Bundestag last Wednesday that in the absence of a deal on the eurozone debt crisis, “Nobody should take for…
Read MoreAngela Merkel told the German Bundestag last Wednesday that in the absence of a deal on the eurozone debt crisis, “Nobody should take for…
Read MoreAs you know, my expectations were low to begin with. I did not expect the EU summit on the debt crisis to provide a…
Read MoreThis article was previously published at GoldMoney.com. For an explanation of the different Austrian measures of the money supply (AMS, TMS, and MA), see…
Read MoreSpeech to the Committee for Monetary Research and Education At the Fall Meeting, 20th October 2011. Before addressing the consequences of today’s macro-economic policies…
Read MorePreviously published at GoldMoney.com … What would you like to see as a solution – albeit perhaps imperfect – to the Greek debt situation?…
Read More“Gold – a six thousand year-old bubble” – Headline of an FT piece from 2009 by Willem Buiter. There are still reasons to like…
Read MorePreviously published at ZeroHedge … 1. Q1 EFSF. We here at ZeroHedge have labelled the EFSF as an off balance sheet CDO, whose purpose…
Read MoreThis chapter from Human Action is spot on for today: Part 4, Chapter XVII. INDIRECT EXCHANGE 18. The Inflationist View of History A very…
Read MoreAt the Tory Party Conference, the Prime Minister said: The only way out of a debt crisis is to pay off your debts. That’s…
Read MoreDespite the general relief which greeted the release of China’s GDP data for the third quarter, as well as the still resilient industrial production…
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