The Japanization of the European Union
The Japanization of the European Union[1] Introduction The topic of my lecture today is “The Japanization of the European Union.” I…
Read MoreCentral Banking
150 years of bank credit expansion is near its end
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of…
Read MoreThe Perversity of Negative Interest
Today, we want to say two things about negative interest rates. The first is really simple. Anyone who believes in a theory of interest…
Read MoreAre we heading for a liquidity trap?
With interest rates in many countries close to zero or even negative some commentators are of the view that monetary policy of the…
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The Economic Standard’s write up on my speech at the Austrian central bank.
By Erik Sass, TES Editor-in-Chief https://theeconomicstandard.com/will-blockchain-undermine-central-bank-control-or-amplify-it/ Since the launch of Bitcoin in 2009 cryptocurrencies have proliferated, powered by blockchain technology using distributed computing…
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It’s Coming Home this November! Event in Austrian central bank in Vienna
This will be a good one. See more here: http://austrianconference.org/
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From Zero Hedge ::: Lagarde – “We Should Be Happier To Have A Job Than To Have Savings”
Any hopes that the replacement of Mario Draghi, who on Halloween left the ECB more polarized than ever, as the core European nations revolted…
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The Austrian School Warned, the ECB Didn’t Listen
by Alvaro Martin Looking at the current situation, one can easily perceive that our economic environment is not in the best condition. The whole…
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Fragility – what the US money-market squeeze means for the future
Last month’s squeeze in overnight domestic US$ funding rattled markets The Fed responded rapidly but the problem has been growing for some time…
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The Disaster of Negative Interest Policy
Those who had hoped that things could not get worse with the monetary policy of the European Central Bank (ECB) have been proven wrong….
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