The rise of the money cranks
byIt’s official: global economic policy is now firmly in the hands of money cranks. The lesson from the events of 2007-2008 should have been…
Quantitative Easing
Who benefits from the Fed?
byWe recently looked at the Federal Reserve’s 2012 results. In particular, we pointed to some positive and negative developments. On a positive note, the Fed managed…
Steve Baker MP on sound money
byEpisode 68: GoldMoney’s Andy Duncan speaks to Steve Baker MP, a Conservative backbencher who represents the constituency of Wycombe in the United Kingdom’s House…
Pity the central banker
byIf central banking were a stock, you’d go short. Blue-chip mystique still clings to it but you can feel the reputational parabola slowly gathering…
Boom
by“Giarre, a town in eastern Sicily, sits above the sea on the slopes of Mount Etna. It was once a collection point for the…
The ultimate subsidy for the rich
byI am delighted that Fraser Nelson and the Spectator have picked up something we have been saying all the time for our nearly three…
Two themes and a variation
byAround the start of the year, in the course of a routine set of market overviews which we have to set out twice a…
Central banks: running out of ideas, road
byOn page two of today’s Wall Street Journal Europe you will find the result of a readers’ poll from last Friday; Question: will the…
Prozac-craving markets
byIn my view, there is no escaping the fact that things are not getting better. If anything, they are getting worse. Following the large…
PoliticsHome dialogue on QE
byPoliticsHome have published an email exchange between Steve Baker and Austin Mitchell, Labour MP for Great Grimsby: The controversial strategy of increasing the money…