Currency war means currency suicide
What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide.” National…
Patrick Barron
Patrick Barron is a consultant to the banking industry. He teaches Austrian school economics at the University of Iowa and Bank Managemant Simulation for the Graduate School of Banking, University of Wisconsin.
How much longer will the dollar be the reserve currency?
We use the term “reserve currency” when referring to the common use of the dollar by other countries when settling their international trade accounts….
A golden opportunity
The euro debt crisis in Europe has presented Germany with a unique opportunity to lead the world away from monetary destruction and its consequences…
Roger Bootle’s prize winning advice to the Greeks: sit still while we rob you!
This summer Roger Bootle won Lord Wolfson’s £250,000 prize for the best advice for a country leaving the European Monetary Union (one may assume…