The ECB’s new rush toward the digital euro
by Prof. Elisabeth Krecke In the coming weeks, the European Central Bank (ECB) will announce whether it will issue a “digital euro” within the next…
The “Most Important Question” For Investors: Where Will Biden’s Trillions In Stimmys End Up?
BY TYLER DURDEN at Zero Hedge Now that the $1.85 trillion Biden stimulus is officially being deployed with tens of millions of stimmy checks…
Printing Money in Times of Corona
The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain…
F.A. Hayek on the Discovery, Use, and Transmission of Knowledge
by Thomas D. Howes | 13. October 2020 Not only in the business world our decisions depend on many factors. Yet how do we know what…
Gamestop Market Mayhem and the Sickness of the Economy
By Weimin Chen This January has carried on the torch of 2020’s drama. In its final week, a down-and-out video game retail chain, members…
Gold Could Offer a Way out of Switzerland’s Failing Inflationist Experiment
Never mind that the US Treasury’s indictment late last year of Switzerland as a currency manipulator rested on some flawed evidence and does not…
The ECB Is Playing a Dangerous Game with “Collective Action Clauses” on Bonds
There is a clause to European bond sales called a collective action clause. In fact, “all bonds issued by Eurozone member states with maturities…
Deflation: Friend or Foe?
by Luis Pablo de la Horra Deflation is the most feared economic phenomenon of our time. The reason behind this a priori irrational fear (why should…
Low Rates and Limited Liability Mean Hot Markets
What clear-eyed mortgage underwriter would sign on to a thirty-year loan at less than 3 percent? After all, in Las Vegas, for instance, the unemployment…
The Upside of Lockdowns: More Saving
Something good is coming out of the covid lockdowns. Economist David Rosenberg released a special report via the eponymous Rosenberg Research, concluding “the pre-COVID-19…