It was THIS big
A theme which frequently pops up in current financial and economic commentary is that of the burgeoning levels of outstanding debt under which all…
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Interview on the Bank of England’s independence 20 years on
Here we go again…
As world stock markets continued to climb to cyclical – if not all – time highs, it became almost the norm for industry talking…
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Dreams of Gerontius
Demographics, productivity & the great central bank fallacy of interest rate determination Summary As we go to press, the Mighty Oz’s and Grand Panjandrums…
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Give us another Oil boom
Dear Lord, Y’all give us another oil boom… If there is one sector of the US economy where an Austrian-style Boom-and-Bust bust has taken…
Read MoreFaking it
Thanks to the election of President Trump and his uncompromising attitude to the establishment media, much hot air is being expended on the subject…
Read MoreThe Austrian Prescription
At the start of the year it has become wearily traditional for us pundits to offer one of two genres of prediction. The first…
Read MoreMario’s Squeezy-B
Having already touched upon the UK’s shaky fiscal position, all that really needs to be added, now that the Chancellor has actually delivered his…
Read MoreHigh time to get real on interest rates
Having just managed to quell a dangerous rebellion among her fellow Committee members, it did not seem the most opportune time for Janet Yellen…
Read MoreThe Humours of Change Alley
I was recently flattered to be asked how I envisaged the dreaded ‘helicopter money’ working if it were not to simply add further to…
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