Should a Bank in Difficulties Receive Assistance?
byThis was the question put to me by Treasury Committee Chairman Andrew Tyrie MP when I appeared before the Committee on January 6th to…
Central Banking
Money worries
by Tim Price“I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I…
The present monetary system the key cause for boom-bust cycles
by Dr Frank ShostakOriginally, paper money was not regarded as money but merely as a representation of gold. Various paper certificates represented claims on gold stored with…
Beyond satire
by Tim Price“Je ne suis pas Charlie. I am not Charlie, I am not brave enough. “Across the world, and certainly across Twitter, people are showing…
The Real Fed Tug Of War: the Yellen Doctrine vs. the Volcker Doctrine
by Ralph BenkoThe financial markets are on a hair trigger as to when, and how quickly, the Fed will tighten and raise interest rates. Billions of…
“We hate you guys but there is nothing much we can do”
by Tim Price“Except for US Treasuries, what can you hold ? US Treasuries are the safe haven. For everyone, including China, it is the only option…..
Spare dollars
by Alasdair MacleodLast week I wrote that contrary to the prevailing mood US dollar strength could reverse at any time. This week I look at another…
The Truth Behind The Swiss Gold Referendum
by Ralph BenkoA recent column in US News & World Report, The Swiss Gold Rush by Pat Garofalo, its assistant managing editor for opinion, is subtitled…
Segregated Cash Accounts
by Max Rangeley[Editor’s Note: this piece, by John Cochrane, first appeared here http://johnhcochrane.blogspot.ie/2014/11/segregated-cash-accounts.html] An important little item from the just released minutes of the October Federal…
Swiss Gold Initiative: Good Idea with Unintended Consequences
by Keith Weiner[Editor’s Note: The Swiss voted no to the “semi-gold standard” that was proposed. However, important issues were raised that are relevant to all nations…