Being and Time (and central banks)
People value present goods more highly than future goods. For instance, an apple available today is considered more valuable than the same apple available…
Thorsten Polleit is chief economist of the precious-metals firm Degussa Goldhandel GmbH. He is also an honorary professor at the Frankfurt School of Finance & Management. He is an adjunct scholar of the Ludwig von Mises Institute and was awarded the 2012 O.P. Alford III Prize in Libertarian Scholarship. His website is <a href="http://www.thorsten-polleit.com/">www.Thorsten-Polleit.com</a>. Send him <a href="mailto:thorstenpolleit@yahoo.de">mail</a>.
People value present goods more highly than future goods. For instance, an apple available today is considered more valuable than the same apple available…
The euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of…
Reading through Security Analysis, the roadmap for investing first published in 1934 by Benjamin Graham and David L. Dodd, I learned something quite interesting: The basis…
Most early business cycle indicators suggest that the global economy is pretty much roaring ahead. Production and employment are rising. Firms keep investing and…
In the eyes of many people, the Federal Reserve (Fed) is an indispensable institution. We are told it supports growth and employment, fends off…
Indicators for financial market “stress” have reached their lowest levels in decades. For instance, stock market volatility has never been this low since the…
If you invest your money, you will have to deal with numerous risks. For instance, if you buy a bond, you run the risk…
The Federal Reserve (Fed) is widely expected to continue to tighten its monetary policy this year. According to a latest Reuters Poll, the Fed…
The US bond market trades at a quite high valuation. For instance, the 10-year US Treasury bond presents a price earnings (PE) ratio of…
The European Central Bank (ECB) pushed its deposit rate to minus 0.4 percent in April 2016: Since then, euro area banks must pay 0.4…