For honest money and social progress
Source: https://mises.org/library/problem-rules-based-monetary-policy Author: Tommy Behnke The phrase “rules-based monetary policy” has frequented conservative circles a lot lately. Republican presidential candidate Ted Cruz expressed his…
Source: http://www.zerohedge.com/news/2015-11-20/what-will-happen-corporate-profits-if-fed-hikes-december Q3 will be the first quarter in which the US officially suffers an earnings recession: two consecutive quarters of declining annual EPS…
Source: http://davidstockmanscontracorner.com/the-bubble-finance-cycle-what-our-keynesian-school-marm-doesnt-get/ Part 1 The world of Bubble Finance economies created by the Fed and other central banks is fundamentally different than that prevailing under the “Lite Touch” monetary…
Source: Mike “Mish” Shedlock http://globaleconomicanalysis.blogspot.co.uk/2015/11/us-importexport-prices-show-cross.html There’s a slew of US economic reports out today. Let’s take a look starting with a look at Import…
Source: https://mises.org/library/fed-desperately-tries-maintain-status-quo During the press conferences of recent FOMC meetings, millions of well-educated investment professionals have been sitting in front of their screens, chewing…
Source: http://bawerk.net/2015/10/30/the-yield-curve-and-gdp-a-causal-relationship/ One of the most reliable indicators of an imminent recession through recent history has been the yield curve. Whenever longer dated rates…
Source: http://www.zerohedge.com/news/2015-11-02/one-analyst-says-chinas-banking-sector-sitting-3-trillion-neutron-bomb To be sure, we’ve long contended that official data on bad loans at Chinese banks is even less reliable than NBS GDP…
Source: http://davidstockmanscontracorner.com/professor-bernankes-bogus-contra-factual-part-1-the-myth-of-great-depression-2-0/ It took no “courage” whatsoever to inflate the Fed’s balance sheet from $900 billion to $2.3 trillion during just 17 weeks in September-December 2008. What…
There must be a universal speech template included in the monetary textbook that is shared among the various central banks. On September 28, 2015,…
This article, by Ferghane Azihari and Louis Rouanet, originated here: https://mises.org/library/no-more-free-trade-treaties-its-time-genuine-free-trade It is erroneous to believe that free traders have been historically in favor…