For honest money and social progress
The original vicious circle starts with inflationary interventions in an up-to-then well-anchored monetary regime. Consequent asset inflation spawns a banking crisis. That leads to…
The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization (NATO) in the late…
By Dr Frank Shostak By popular thinking, an increase in the consumption of goods and services is regarded as a major driver of the…
Every decade or so bank failures and the subsequent bailout response via central bank intervention appear. The latest jangling of depositor nerves involved US…
This year will be an excellent event https://www.meetup.com/london-ayn-rand-meetup/events/292409977 Details The Ayn Rand Centre UK is teaming up once again with the Austrian Economics Center…
By Dr Frank Shostak By popular thinking, the key driver of economic growth is increases in the total demand for goods and services. It…
The theme of this article is debt deflation. How likely is it that the downturn in broad money supply will continue, and if so,…
Why the idea of an optimum growth rate of money supply is questionable By Dr Frank Shostak It is widely held that a growing…
The largest event of its kind unites policymakers and think tanks todiscuss the economy, sustainability, and freedom. Inflation, energy security, war – in recent…
We are all now aware that the global banking system is extremely fragile. Driving bank failures is contracting credit, which in turn drives interest…