Interest on Gold Is the New Tempest in a Teapot
byZero Hedge published an article on Canadian Bullion Services (CBS) last week. Other sites ran similar articles. The common thread through these articles, and…
Downtrend in the growth rate of money supply poses a threat to bubble activities
byThe yearly growth rate of real gross domestic product eased to 1.9% in Q4 from 2% in the previous quarter. Using our large scale…
Wilhelm Röpke: The Economist Who Stood Up To Hitler
bySometimes there are men of principle who live their values and not merely speak or write about them. People who stand up to political…
Where Negative Interest Rates Will Lead Us
byDespite zero-interest-rate-policy (ZIRP) and multiple quantitative easing programs — whereby the central bank buys large quantities of assets while leaving interest rates at practically…
Onward to a Golden Age: The Washington Post’s Matt O’Brien Attacks Ted Cruz for Supporting the Gold Standard
byMatt O’Brien — the anti-gold standard columnist ofThe Washington Post — at last has struck back at Ted Cruz for his advocacy for a…
Carl Menger And The Foundations Of Austrian Economics
byToday is Austrian economist, Carl Menger’s, birthday. Born on February 23, 1840, he died on February 26, 1921, at the age of 81. Menger…
Negative rates, Negative Outcomes
byThere has been much head-scratching of late as to why, with interest rates lower than they have been since the Universe first exploded out…
Jittery January Markets – Does the ECB have Contingency Plans?
byThe ECB must be aware that investors’ confidence in stock markets, particularly bank shares, dropped in January. If contingency plans exist, they are likely…
Everything changes at zero
by“Then said Jesus, “Father, forgive them; for they know not what they do.”” – Luke 23:34. For the benefit of non-subscribers, there are two…
Eugen Von Bohm-Bawerk: Leading Austrian Economist And Finance Minister Of Fiscal Restraint
byWe live at a time when politicians and bureaucrats only know one public policy: more and bigger government. Yet, there was a time when…