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…
Central Banking
David Stockman: Crisis Is Us – The Inexorable Result Of Modern Central Banking
byThe inexorable effect of contemporary central banking is serial financial booms and busts. With that comes increasing levels of systemic financial instability and a…
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…
Off Target
byMoney, generally accepted medium of exchange, acts as a veil that confuse and blurs economic relations. This is especially true when it comes to…
Positively Natural – Pt IV
byTOMORROW, AND TOMORROW, AND TOMORROW So, one last time, let us lay out the argument developed above in the hope of eliminating all obscurity,…
Positively Natural – Pt I
byTHE CASE FOR POSITIVE INTEREST An Austrian rebuttal of Summers et al, in four parts THE TIME IS OUT OF JOINT Over the years,…
Will Japan be the first to test the limits of quantitative easing?
byThe Japanese stock market peaked in December 1989, marking the end of a period of economic expansion which briefly saw Japan eclipse the USA…
Bawerk.net: China’s Lender of Last Resort Conundrum
byIt took a while to play through, but our assessment that China would increasingly become the petro-state lender of last resort is starting to come…
Blind Robbery! How the Fed, Banks and Government Steal Our Money
byEditor’s Note: Philipp’s terrific new book “Blind Robbery! How the Fed, Banks and Government Steal Our Money” is now available (Publisher: FinanzBuch Verlag (June…
Zero Hedge: US Negative Interest Rate Bets Surge To Record Highs
byAs the “deflationary supernova” sweeps across the world, dragging bond yields to zero-and-beyond, even the almighty omniscent Federal Reserve has been forced to capitulate…