Gold and Gibson’s Paradox
byThere is a myth prevalent today that the gold price always falls when interest rates rise. The logic is that when interest rates rise…
Bank Credit
Credit deflation and gold
byThere is a common view in financial markets that credit deflation is bad for gold prices, because gold nowadays is regarded as an asset…
Doug Casey: Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse
bySource: Most of the World’s Banks – LewRockwell.com You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking…
Bank Robbery Chapter Four: Economists and the Banking System, 1: from Medieval times to Adam Smith.
byOver the years, many economists have noticed how bank-created money skews the economy, affecting distribution of power and wealth across time and influencing what…
Euro-sclerosis
byThere appears to be little or nothing in the monetarists’ handbook to enable them to assess the risk of a loss of confidence in…
Bank Robbery Chapter Three. Law and the Banking System.
byThe first chapter of this book described how private commercial bankers came to provide almost all of the money supply in the West….
Bank Robbery: Inequality and the Banking System.
by[Editor’s Note: The following is from Ivo’s forthcoming book ‘Bank Robbery’.] Chapter 2 Extreme inequality is the main economic, political and cultural evil of our…
Bank Robbery: Banks and the Money Supply
by[Editor’s Note: The following is from Ivo’s forthcoming book ‘Bank Robbery’.] Chapter 1 ‘If it ain’t broke, don’t fix it.’ Sensible advice, especially when it…
Richard Ebeling, “Introductions to the Selected Works of Ludwig von Mises (2000-12)” Part 1
by[Editor’s Note: this lengthy piece, by Richard Ebeling, primarily based on the “lost papers” of Ludwig von Mises that he and his wife, Anna, discovered…
Should a Bank in Difficulties Receive Assistance?
byThis was the question put to me by Treasury Committee Chairman Andrew Tyrie MP when I appeared before the Committee on January 6th to…