#JacksonHoleSummit press release from American Principles Project
by[Editor’s Note: this is for the event later this week. Please spread the word using hashtag #JacksonHoleSummit on Twitter] Leading Center-Right Groups to…
Central Banking
Reserve Judgement
byWith regard to the vexed issue of the renminbi, let’s focus on the basics. The official response to July’s stock market collapse saw loans…
Welcome to the world of ZIRP zombies
byInterest rates in the US, Europe and the UK were reduced to close to zero in the wake of the Lehman crisis nearly seven…
Greece crisis proves the need for a currency Plan B
byThe recent Greek capitulation under pressure from other euro member countries, led by Germany, demonstrates that euro members have de factoceded sovereignty over fiscal policy to…
The Economy is in Liquidation Mode
byIf you’re an American over a certain age, you remember roller skating rinks (I have no idea if it caught on in other countries)….
Eugen von Böhm-Bawerk: That 70s Show – episode 1
byFrom Eugen von Böhm-Bawerk’s blog. Source: http://bawerk.net/2015/08/05/that-70s-show-episode-1/ In several articles we have shown how the world changed from the 1970s with the breakdown of the old…
The Unseen Consequences of Zero-Interest-Rate Policy
bySource: Ronald-Peter Stöferle at https://mises.org/library/unseen-consequences-zero-interest-rate-policy In a dynamic economy, an action not only triggers just one effect, but always an entire series of different consequences….
Eugen von Böhm-Bawerk: How the FOMC got institutionally corrupt
byFrom Eugen von Böhm-Bawerk, source here: http://bawerk.net/2015/07/16/how-the-fomc-got-institutionally-corrupt/ The Humphrey-Hawkins Full Employment and Balanced Growth act signed into law by President Jimmy Carter on October…
Zero Hedge: Fed Admits Economy Can’t Function Without Bubbles
byIn short, the dot-com bust was the last chance for the Fed to pivot and liberate the American economy from the corrosive financialization it…
Doug Casey: Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse
bySource: Most of the World’s Banks – LewRockwell.com You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking…