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…
Can’t argue with a confident man
by“I can say therefore with confidence – and without any complacency – that we will secure the return of inflation to 2% without undue…
The Fed’s in a bind
byOne can understand the Fed’s frustration over the failure of its interest rate policy, and its desire to escape the zero bound. However, since…
How Money Disappears in a Fractional-Reserve Money System
byMost experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US…