Janet Yellen Fights the Tide of Falling Interest
byOn Wednesday Dec 16, Federal Reserve Chair Janet Yellen announced that the Fed was raising the federal funds rate by 25 basis points. Let’s…
The Three Kings (and One Queen)
byMerry Christmas from The Cobden Centre! With apologies to the spirit of Henry Wadsworth Longfellow Three Kings came a-riding from far, far…
Is the US heading for an economic bust?
byOn Wednesday December 16 2015 Federal Reserve Bank policy makers raised the federal funds rate target by 0.25% to 0.5% for the first time…
A Free Market in Interest Rates
byUnless you’re living under a rock, you know that we have an administered interest rate. This means that the bureaucrats at the Federal Reserve…
The hike before Christmas
by“Christmas at my house is always at least six or seven times more pleasant than anywhere else. We start drinking early. And while everyone…
The Eurozone Sovereign Debt crisis and a potential OTC Interest Rate Derivatives crisis
byVishal Wilde is a finalist studying for a BSc (Hons) in Philosophy, Politics & Economics (Economics major) at the University of Warwick. He wishes…
Eugen von Bohm-Bawerk: How Peak Debt Constrain the Fed from Moving Rates Higher
bySource: http://bawerk.net/2015/12/11/how-peak-debt-constrain-the-fed-from-moving-rates-higher/ We have argued for a long time that 2016 will probably be a year of recession in the US and the Federal…
Honey, I broke the markets
by“Donald Trump looks like the villain in a movie where the hero is a dog.” – The internet. Which four letter word still has…
Expectations and business cycles
byAccording to the Austrian Business Cycle Theory (ABCT) the artificial lowering of interest rates by the central bank leads to a misallocation of resources…
Paper Money versus the Gold Standard
byWe are living in a time that can only be considered monetary chaos. The U.S. Federal Reserve has manipulated key interest rates down to…