Swiss National Bank abandons franc’s cap against the euro
byOn January 15th 2015 the Swiss National Bank (SNB) has announced an end to its three year old cap of 1.20 franc per euro….
Economics
Should a Bank in Difficulties Receive Assistance?
byThis was the question put to me by Treasury Committee Chairman Andrew Tyrie MP when I appeared before the Committee on January 6th to…
Greece, Germany and the ECB: and what it means for Bonds, Stocks and the Euro
byGreece is back in the spotlight amid renewed fears of a break-up of the Euro as the Syriza party show a 3.1% lead over…
Crisis? What Crisis?
by[The following is a shortened version of an original which first appeared on the author’s website, www.truesinews.com ] As Britain fast approaches what is…
Beyond satire
by“Je ne suis pas Charlie. I am not Charlie, I am not brave enough. “Across the world, and certainly across Twitter, people are showing…
2015: the year of the slump?
by2014 ended with two ominous developments: the strength of the US dollar and a collapse in key commodity prices. It is tempting to view…
Time Horizons And Time Preference
byRecent dollar strength has been a surprise to many but a strong dollar was also a key component of the Asian currency crises of…
An odd, non-linear world
by“Sir, John Authers, in Loser’s Game (The Big Read, December 22), could have delved deeply into the flaws in the asset management business as…
The Japanese Deflation Myth and the Yen’s Slump
by[Editor’s Note: this piece, by Brendan Brown, first appeared at mises.org last year] The slide of the yen since late summer has brought it…
Falling Interest Causes Falling Profits
byMost people assume that prices move as a result of changes in the money supply. Instead, let’s look at the effect of changes in…