From Zero Hedge ::: Lagarde – “We Should Be Happier To Have A Job Than To Have Savings”
byAny hopes that the replacement of Mario Draghi, who on Halloween left the ECB more polarized than ever, as the core European nations revolted…
The Austrian School Warned, the ECB Didn’t Listen
byby Alvaro Martin Looking at the current situation, one can easily perceive that our economic environment is not in the best condition. The whole…
100% Banking and Its Advocates: A Brief History
byBy Edward W. Fuller The 100% reserve plan is often considered a radical proposal for monetary reform. This article discusses the history of 100% banking…
Fragility – what the US money-market squeeze means for the future
byLast month’s squeeze in overnight domestic US$ funding rattled markets The Fed responded rapidly but the problem has been growing for some time…
FinTech Companies; little innovation and no reform of banking
byNew entrants into every aspect of banking were encouraged by two recent regulatory developments: the Open Banking initiative and the ‘sandboxing’ exemptions from regulations….
Collectivist Revivalism and the New Attack on Liberty
byAmerica and some other parts of the world are facing a “revivalist” movement, but rather than being a religious revival, it is an ideological…
Benn Steil: Housing Market Points to Recession By Election Day
byLooking back at the years preceding the 2008 financial crisis, a critical warning sign was the surging gap between the growth in home prices…
Progressivism Is An Imposter
by“What we’ve got here is a failure to communicate.” This became an often-repeated popular line after its use in the 1967 movie Cool Hand Luke….
A Wealth Tax Consumes Capital
byIt seems one cannot make a name for one’s self on the Left, unless one has a proposal to tax wealth. Academics like Tomas…
How the GDP framework creates the illusion that by means of money pumping the central bank can grow an economy
byIn response to a weakening in the yearly growth rate of key economic indicators such as industrial production and real gross domestic product…