Chapter 4: Early Days.
byThe situation we are in today has evolved over many centuries. Economists had plenty of time and opportunity to comment – and comment…
Central Banking
Chapter 2: Laws That Make Robbery Legal.
byA law can be anything from an attempt to establish justice on earth to a device for robbery and murder.[1] Nazi race law…
The Dangers of Negative Interest Rates and a Cashless Economy
byThe recent gyrations in the stock market and the uncertainties surrounding American trade policies with China and other parts of the world have raised…
The Arrival Of The Credit Crisis
byThose of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to…
My speech in the European Parliament on the coming economic collapse
byZero percent interest rates have created the largest bubble in human history, when it bursts it will be worse than 1929.
The ECB’s Quantitative Easing Was a Failure — Here Is What It Actually Did
byBy Daniel Lacalle The main reason why the ECB quantitative easing program has failed is that it started from a wrong diagnosis of the eurozone’s…
Time Is Money, Money Is Time
byLife’s but a walking shadow, a poor player who struts and frets his hour upon the stage and then is heard no more. -Macbeth…
First Ever Austrian School Event in European Parliament
byLast week we had the first ever Austrian School event in the European Parliament. The introduction was by Annette Godart-van der Kroon, President of the…
The Fed Is Tightening More Than It Realizes
byby Benn Steil and Benjamin Della Rocca at CFR https://www.cfr.org/blog/fed-tightening-more-it-realizes Before the 2008 collapse of Lehman Brothers, the Fed’s balance sheet stood at $925 billion—mostly U.S. Treasury securities. After…
