Yes Virginia, there is a constitutional monetary unit
byA view from America … Last week, the Virginia House of Delegates Rules Committee passed, by an 11 – 1 bipartisan majority, a bill to establish “a joint…
Economics
Why price inflation will take off
byThere are key aspects of economics that neo-classical monetarists do not apparently comprehend; the most important, given their job-description, being the relationship between money…
The CPM Group
byAs an appendix to yesterday’s article, ‘Misunderstanding gold demand‘, I have produced a detailed analysis of The CPM Group’s gold research. Of all of the major…
Misunderstanding gold demand
byMost gold market research is based on the premise that the supply side of the market can be characterized by the quantity supplied and…
Incredible confusions Part 1: ‘Positive Money’ and the fallacy of the need for a state money producer
byI am usually inclined to encourage the inquiry of the fundamental aspects of money and banking. This is because I tend to believe that…
Mark Thornton on creeping inflation
byEpisode 93: GoldMoney’s Andy Duncan talks to Professor Mark Thornton, Senior Fellow at the Ludwig von Mises Institute, about a recent Mises Daily article he…
The walking dead
by“A formidable set of difficulties is encountered when we ask what there is left of the notion of monetary neutrality for a society which…
Why Japan should not fight deflation
byOn January 22, 2013 policy makers of the Bank of Japan (BOJ) voted for a 2% inflation target, to be achieved “at the earliest…
Who needs jobs anyway?
byNick Cohen is one of my favourite writers but he really has come a cropper with his latest piece on Starbucks and its taxes…
Mish Shedlock’s case for deflation
byEpisode 91: GoldMoney’s Andy Duncan speaks to Mike “Mish” Shedlock about the entire global financial situation, but particularly focusing upon the debate between those who…