On billionaire altruist lunatics..
byFacts do not cease to exist because they are ignored. – Aldous Huxley. There was once a time, perhaps, when unprecedented things happened…
The over-valued dollar
byThere are two connected reasons usually cited for the current dollar strength: the US economy is performing better than all the others, leading towards…
The South (China) Sea Bubble
by[The original can be seen here http://truesinews.com/2015/04/14/the-south-china-sea-bubble/] The first hard data release of the month for China was hardly guaranteed to reassure. Two-way trade in…
Anti-Deflationist Paranoia
by[Transcript of the closing speech at the Seventh Spanish Conference on Austrian Economics. These remarks were delivered Thursday, June 12, 2014 in Madrid.] Today…
Mario Draghi – Prime Broker to the Universe
by[This article first appeared here http://truesinews.com/2015/04/10/mario-draghi-prime-broker-to-the-universe/] When even the eminent lawyer, Christine Lagarde, interrrupts her incessant calls for more ‘stimulus’ to confess that yes, peut-être, we ought to…
Confusion over US unemployment
byUnemployment is the one statistic that one would have thought is easy to define: just total up the number of people on unemployment benefit…
Technology Indices and Creative Destruction – When Might the Bubble Burst?
byTechnology Indices and Creative Destruction – When Might the Bubble Burst? Publically traded technology stocks trade on modest multiples compared to 2000 Private sector…
Ben Bernanke Now Blogs
byBen Bernanke presided over the Federal Reserve for two terms, from 2006 through 2014. A year and half into his first term, he began…
Midweek Macro Musings
by[This first appeared here http://truesinews.com/2015/04/08/midweek-macro-musings/] Here we present one of a series of brief runs-though of the salient events of the past week or so….
Wanna Invest in a Cryptocurrency? How about LEOcoin?
byI am sometimes asked what investors should look for if they are thinking of investing in a cryptocurrency. My initial reaction is that I…