Are central bankers losing control?
byThe last couple of weeks have been very interesting. Remember that, certain regional differences aside, Japan has, for the past two-plus decades, been the…
Economics
Is Japan heading for another lost decade?
byRecently various commentators have been warning the Euro-zone to boost its stimulus policies in order to avoid a Japanese-style lost decade. By this they…
Why gold is money
byIt is clear that Western capital markets no longer generally regard gold as money. It has been relegated to the status of a risk…
A substandard golden rule
byThe gold “price rule” denotes the monetary reform proposal put forth in various forms by a number of supply-siders, including Arthur Laffer, Robert Mundell, and Jude…
Global warning
by“No bubbles. Because it’s normal for large liquid asset classes to nearly double in value over less than a year and then drop 10%…
Mark Carney’s false ideology
byNeil Macdonald of the CBC recently did an investigative piece on central bankers and what they’re doing to the world’s economies. Mark Carney was featured heavily….
The geopolitics of gold
byWestern central banks have got themselves horribly wrong-footed as a result of not adjusting their anti-gold policies to allow for the realities of Asian…
Losing the loser’s game
by“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a…
Introducing The Journal of Prices & Markets
byLudwig von Mises once wrote that all of economics can be neatly summed up in one of two studies: either you are studying how…
Regulating banks the Austrian way
byMost people — from young to old and from all ends of the political spectrum — are united by a common bond. The idea…