Greater fool theory
by“Mr Draghi announced this week that the ECB would not buy bonds yielding less than minus 0.2 percent..” – Ralph Atkins for the Financial…
The new London gold fix and China
byThis month the physical gold market will undergo radical change when the four London fixing banks hand over the twice-daily fix to the International…
Money, Money, Money
by[For the original article, please see here: http://truesinews.com/2015/03/04/money-money-money/] As the title of the blog suggests, we pay close attention to developments in money and…
Bank Robbery: Banks and the Money Supply
by[Editor’s Note: The following is from Ivo’s forthcoming book ‘Bank Robbery’.] Chapter 1 ‘If it ain’t broke, don’t fix it.’ Sensible advice, especially when it…
What’s in a Word?
by[You can find the original here http://truesinews.com/2015/02/27/whats-in-a-word/] After yet another masterly performance before Congress – one which was immediately confounded by the usual cacophony of…
THE TROJAN HORSE BATTLE FOR THE EURO
byAt a recent conference hosted by a major global bank in London I sat on a panel alongside a macro investment strategist who referred…
Bitcoin, Bit-by-Bit, Pitches Silicon Valley Against Washington As Our True Capital
byWashington, DC, is the capital of the United States. Yet Silicon Valley is the true capital of the America of the present and the…
The euro may be riskier than you think
byFinance ministers in the Eurozone appear to have had a free lesson in game theory from Professor Yanis Varoufakis, the Greek finance minister. At…
Understanding True Credit and False Credit
by[Editor’s Note: This piece first appeared here http://mises.org/library/understanding-true-credit-and-false-credit] There are two kinds of credit: that which would be offered in a market economy with sound…
Does Walmart Prove Minimum Wage Laws Will Help Workers?
by[Editor’s Note: this piece was first published by Mises Canada here http://mises.ca/posts/blog/does-walmart-prove-minimum-wage-laws-will-help-workers/] In a recent column Paul Krugman has one of the most curious arguments…