Money Supply Arguments Are Flawed
byIt goes without question, among economists of the central planning mindset, that if a central bank can just set the right quantity of dollars[1],…
Economics
The FOMC Butterfly that Will Ruin the World
byFrom Bawerk.net Source: http://bawerk.net/2016/07/29/the-fomc-butterfly-that-will-ruin-the-world/ Imagine the financial crisis knocked you out and you did not wake up from the coma that followed until this day. Then,…
The real message from asset inflation
byThe earliest signs are developing of hyperinflation, more correctly described as a collapse of the purchasing power of all the major government currencies. Central…
The Central Planning Virus Mutates
byBy Pater Tenebrarum Chopper Pilot Descends on Nippon Readers are probably aware of recent events in Japan, the global laboratory for interventionist experiments. The theories…
Valuation Fallacies
byBy Jeffrey P. Snider Everyone knows about lies, damned lies, and statistics. The quote has been attached to Mark Twain who apparently attributed to…
Mental men prefer bonds
by“In a time of universal deceit, telling the truth is a revolutionary act.” George Orwell. Japan got there first. 15 years ago, we…
The Monetary Policy Trilemma in light of a Choice of Monies
byOne of the key theoretical and policy obstacles to overcome when trying to enable a genuine choice of monies amongst agents (through enabling them…
The pump and dump of UK residential property
byMessrs Carney and Osborne are turning out to be a dangerous double-act for UK residential property investors. They have been using monetary and fiscal…
Hamilton’s Curse (reprised)
byThe following article is (after very light editing) something your author wrote early in October of 2008, when the padlocks on the Lehman office building…
Head of the Snake – The Poisonous Gap Between Paper Wealth and Real Wealth
byBy John P. Hussman, Ph.D. “Understand that securities are not net economic wealth. They are a claim of one party in the economy – by…