Does economic growth cause inflation?
byMost experts are of the view that as the economy gains strength the Fed must step in at some stage and introduce a tighter…
Economics
The Benefits of Issuing Gold Bonds
byA gold bond is debt obligation that is denominated in gold, with interest and principal paid in gold. As I will explain below, it’s…
Free Market Capitalism as the Antidote to the World’s Ills
byIn following the daily news events both in the United States and around the rest of the world, it is easy to get lost…
The growing pool of real savings permits the illusion that central bank can cause economic growth
byMany commentators are of the view that the US central bank should pursue policies that will prevent the possible decline of the economy…
Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
byThe euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of…
Italy and the repricing of European government debt
byThe yield spread between 10yr BTPs and Bunds widened 114bp in May Populist and anti-EU politics were the catalyst for this repricing of…
China is in Trouble
byBy Ronald-Peter Stöferle Mark J. Valek Before we discuss the economic situation of China, a few words about China’s strongman, Xi Jinping. The “new…
Living Dangerously
byRegular readers of Goldmoney’s Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that the periodic booms…
A Forerunner of the Austrian School in Nineteenth-Century Spain
byby David Chávez Salazar In 1952, the British economist Marjorie Grice-Hutchinson discovered that the Spanish scholastics of the seventeenth century, gathered around the School…
Central Banking: It’s alive!!
byIn his recent posting on Linked In, entitled, ‘The death of macro-prudential’, Stuart Trow of the EBRD delivered a well-aimed broadside at the pitiable…