Rising rates lead to financial accidents
byA recent Bank for International Settlements paper warning of unappreciated risks in foreign exchange markets echoes my earlier warning in an article for Goldmoney…
The Forgotten Fourth Function of Money & G-SIBs
byMoney is routinely defined by what it does, rather than what it is. That is unfortunate because its modern definition overlooks money’s important –…
Does the stock market drive economic growth?
byBy Dr Frank Shostak By a popular view, a strengthening in the stock market i.e. a general increase in the stock prices is considered…
As Easy Money Crashes, the Political and Legal Effects Appear
byIn his recent article targeting the collapse of the FTX exchange, Ryan McMaken noted that the easy money regime we have lived under for more…
Is inflation about price increases?
byBy Dr Frank Shostak Why is inflation regarded as bad news? What kind of damage does it do? Popular commentators maintain that inflation causes…
Who Pays Wealth Tax: the Rich or the Poor?
byThe Spanish government’s announcement that it plans to introduce a new “solidarity tax” on the wealth of those who possess over three million euros…
Should government strengthen regulations over monopolies ?
byBy Dr Frank Shostak By popular thinking, monopolies are seen as undermining individuals’ wellbeing. For instance, monopolies are being blamed for causing large increases…
Event in Brussels: The Future of Defence and Warfare
byLast week the Ludwig von Mises Institute (Europe), on whose advisory board I serve, held an event in Brussels on the future of defence….
WHAT’S RIGHT AND WHAT’S WRONG ABOUT THE EXPRESSION “BRITALY”
bySource: https://en.irefeurope.org/publications/online-articles/article/whats-right-and-whats-wrong-about-the-expression-britaly/ written by Sergio Beraldo According to The Economist, these turbulent times have completed the transformation of Britain into a new country, characterized by…
Legal definitions of money and credit
byAt these times of growing confusion over the future of currencies’ purchasing power, it is time to remove all doubt in the definitions of…