Does the United States owe a lot to Bernanke?
byIn his Financial Times article on June 4th the FT columnist Martin Wolf praised Ben Bernanke for saving the US economy and the world…
June, 2013
The nonsense behind state intervention
byBoth Keynesians and monetarists believe that increased government spending, or more money injected into the economy, is sometimes necessary. The intervention is in the…
Dr. Paul Craig Roberts on gold and gangster capitalism
byEpisode 129: Andy Duncan has the pleasure to interview former Assistant Secretary of the Treasury, Dr. Paul Craig Roberts. Andy gets straight to it…
Are central bankers losing control?
byThe last couple of weeks have been very interesting. Remember that, certain regional differences aside, Japan has, for the past two-plus decades, been the…
Is Japan heading for another lost decade?
byRecently various commentators have been warning the Euro-zone to boost its stimulus policies in order to avoid a Japanese-style lost decade. By this they…
Why gold is money
byIt is clear that Western capital markets no longer generally regard gold as money. It has been relegated to the status of a risk…