Fixed
by“Don’t fight the Fed – bet on it.” – Lee Quaintance and Paul Brodsky of QB Asset Management. In December last year, the poet…
March, 2012
The Fed gets creative
byAccording to a story in Wednesday’s Wall Street Journal, the US Federal Reserve is considering buying long-term Treasury and mortgage bonds in return for…
The deflation delusion
byYears ago a friend of mine in New York told me about his massively overweight neighbour who took to wearing a black t-shirt with…
Bankers’ bonuses and unlimited liability
byOn the 29th of February, Conservative MP Steve Baker tabled a 10 minute rule bill on bankers’ bonuses. In it he proposes that directors…
Garbage in …
by“We have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not…
Thinking inside the box – Chatham House on gold
byLast week, Chatham House, formerly known as the Royal Institute of International Affairs and a non-profit, non-governmental institution in London whose “mission is to…
Could a bank exist without state support?
byCould a bank exist independent of state support, and could it act as a bastion of liberty? I recently came across the original quarto…
Ron Paul’s farewell address to Ben Bernanke – saving the very best for last
byIn what might possibly be the Congressman’s last ever Congressional face-off with Federal Reserve head, Ben Bernanke, Ron Paul gave possibly his finest challenge…
What is the correct size and proper function of the state?
byThis is a question that was posted to me by a journalist who has read my book and is following this website. He suggested…
ECB money injection not a reason for optimism
byAre you feeling optimistic yet? Are you confident that policy-makers have things under control? – If so, you must believe that we can solve…