The Death of French Savings, the Russian Bonds Story 1880-1996
byI shall be giving a talk at the Institute of Economic Affairs in Westminster this evening, 6.30pm, to the End of The World Club. The…
Madness!
by“Central bankers control the price of money and therefore indirectly influence every market in the world. Given this immense power, the ideal central banker…
‘The system has spun out of control’
byBook Review: The Death of Money: The Coming Collapse of the International Monetary System by James Rickards The title will no doubt give Cobden…
Bitcoin entrepreneurs meet in Paris this week
byI’m open-minded about Bitcoin and digital currencies in general. Which is to say I want 10 million people to use it for 10 years…
ECB embraces QE faulty logic
byEditor’s note: this article, under the title “No end to central bank meddling as ECB embraces ‘quantitative easing’, faulty logic” appears on Detlev Schlichter’s…
Money derivative creation in the modern economy
byIt isn’t often that a Bank of England Quarterly Bulletin starts “A revolution in how we understand economic policy” but, according to some, that…
“Everything we are told about deflation is a lie”
by“The European Central Bank has given its strongest signal yet that it is prepared to embrace quantitative easing to prevent the euro zone from…
Renewed estimates of Chinese gold demand
byEditor’s note: This article was previously published here at Goldmoney.com. It is republished with thanks. Geopolitical and market background I have been revisiting estimates…
Are economic sanctions behind a possible recession in Russia?
byAccording to commentators, sanctions imposed by the US and the European Union are pushing Russia towards a recession. However, we hold that some key…
Lured by plausible nonsense
by“One of the peculiar sins of the twentieth century which we’ve developed to a very high level is the sin of credulity. It has…