Why deflation is unlikely
byFinancial markets are becoming aware that the US economy is stalling, so investors increasingly take the view that with demand likely to stagnate or…
deflation
The over-valued dollar
byThere are two connected reasons usually cited for the current dollar strength: the US economy is performing better than all the others, leading towards…
Anti-Deflationist Paranoia
by[Transcript of the closing speech at the Seventh Spanish Conference on Austrian Economics. These remarks were delivered Thursday, June 12, 2014 in Madrid.] Today…
Interview with Dr William White, former Head of the Monetary and Economic Department at the BIS Part 1
byWilliam White is currently Chairman of the Economic and Development Review Committee of the OECD which provides policy recommendations to governments of member and…
A matter of trust
by“Popping down to #guardiancoffee later on to order a ‘Toynbee’: short, rich and intensely bitter.” – Tweet from Robbie Collin (chief film critic, The…
Swiss National Bank policy and its implications for currencies, assets and central banking
bySwiss National Bank policy and its implications for currencies, assets and central banking The SNB unpegged from the Euro and sustained balance sheet losses,…
Sovereign Bonds
byToday’s obvious mispricing of sovereign bonds is a bonanza for spending politicians and allows over-leveraged banks to build up their capital. This mispricing has…
European Central Bank plan to unleash massive pumping is likely to further undermine the process of wealth generation
byThe European Central Bank (ECB) is planning to pump 1.1 trillion euro’s into the banking system to fend off price deflation and revive economic…
Monetary Politics: The Biggest Money Player In Politics Is The Fed
byWashington finally shows signs of coming to grips with the importance of money to politics. This is not about mere campaign finance. Recently there…
Beyond satire
by“Je ne suis pas Charlie. I am not Charlie, I am not brave enough. “Across the world, and certainly across Twitter, people are showing…