On the subject of free trade and world peace
byRichard Cobden was renowned for his role in the Anti-Corn Law League, campaigning against import tariffs. He was also a champion of the idea…
John Butler: Bitcoin, the Monetary Touchstone
byIs Bitcoin a sound form of alternative money? Does it provide a viable, alternative store of value with gold? These are questions that John…
Pop!
byEditor’s note: We’re grateful to Tim Price of PFP Group for this article. PFP has made this document available for your general information. “10th…
Is inflation good for economic growth?
byAfter settling at 3.9% in July 2011 the yearly rate of growth of the consumer price index (CPI) fell to 1.6% by January this…
Chuck Hagel Propels Barack Obama Into History
byWith his thoughtful restructuring of America’s military, secretary of defense Chuck Hagel — a Republican — has cemented Obama’s signature legacy: restoring America to…
Speech to the Brazilian Chamber of Commerce in London
byLast week I spoke to a small group in London about the current monetary situation and the outlook for gold. The speech lasts about…
Do equities (and real estate) give you inflation protection?
byConfronted with the possibility that the endgame of the present experiment in extreme monetary accommodation may be higher inflation and even currency disaster, many…
Do we have easy money?
byThis week marked the fifth anniversary of the 0.5% Bank of England base rate and the Bank of England’s Quantitative Easing program which has…
The success of “credit easing” on its own terms
byToday, the Telegraph reports, UK house price growth ‘approaching madness’: The speed UK property prices are rising at is “approaching madness”, analysts have warned, after…
Five years of disastrously low interest rates have left Britain addicted to cheap credit
byThis article originally appeared in The Telegraph on 5 March 2014. It is reproduced by permission of the author. Five years ago today, the Bank…