The Difference between Money Supply & Liquidity
byThe US debt ceiling suspension, signed on February 2018, expires in March this year. According to some experts, the US Treasury will have to…
Austrian School
Why is savings not about money?
byConventional wisdom says that savings is the amount of money left after monetary income was used for consumer outlays, implying that saving is…
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…
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.
Is an increase in demand key for economic growth?
byWhenever the so-called economy shows signs of weakness most experts are of the view that what is required to prevent the economy sliding into…
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…
Liquidity and the stock market
byIn a market economy, a major service that money provides is that of the medium of exchange. Producers exchange their goods for money…
The neutral interest rate myth
byIn his speech to the Economic Club of New York on November 28 2018, the Federal Reserve Board Chairman Jerome Powell said that…
Why velocity of money and the purchasing power of money are not related?
bySome commentators are of the view that when the velocity of money rises, all other thing being equal, the buying power of money…
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…