Goodbye to all that
by“Funny how bonds were labelled “certificates of confiscation” back in the early 1980’s when yields were 14%. What should we call them now ?”…
Central Banking
The South (China) Sea Bubble
by[The original can be seen here http://truesinews.com/2015/04/14/the-south-china-sea-bubble/] The first hard data release of the month for China was hardly guaranteed to reassure. Two-way trade in…
Anti-Deflationist Paranoia
by[Transcript of the closing speech at the Seventh Spanish Conference on Austrian Economics. These remarks were delivered Thursday, June 12, 2014 in Madrid.] Today…
Mario Draghi – Prime Broker to the Universe
by[This article first appeared here http://truesinews.com/2015/04/10/mario-draghi-prime-broker-to-the-universe/] When even the eminent lawyer, Christine Lagarde, interrrupts her incessant calls for more ‘stimulus’ to confess that yes, peut-être, we ought to…
Ben Bernanke Now Blogs
byBen Bernanke presided over the Federal Reserve for two terms, from 2006 through 2014. A year and half into his first term, he began…
How liquidity drives the US stock market
byIn a market economy a major service that money provides is that of the medium of exchange. Producers exchange their goods for money and…
INTERVIEW WITH DR WILLIAM WHITE, FORMER HEAD OF THE MONETARY AND ECONOMIC DEPARTMENT AT THE BIS PART 2
byWilliam White is currently Chairman of the Economic and Development Review Committee of the OECD which provides policy recommendations to governments of member and…
The Ghost of ’37
by[Editor’s Note: The original can be found here http://truesinews.com/2015/03/26/the-ghost-of-37/] With the Fed supposedly steeling itself at last to remove a little of its emergency…
Analysts admit outlook ‘uncertain’ after sun disappears
by“March 17 – Bloomberg (Kelly Bit): “Ray Dalio, founder of the world’s largest hedge fund firm, Bridgewater Associates, told investors there’s a risk that…
Interview with Dr William White, former Head of the Monetary and Economic Department at the BIS Part 1
byWilliam White is currently Chairman of the Economic and Development Review Committee of the OECD which provides policy recommendations to governments of member and…