Keynesian madness: central banks waging war on price stability, savers
by[Editor’s note: This article also appears on Detlev Schlichter’s blog here. It is reproduced with kind permission and should NOT be taken to be…
ECB
‘The system has spun out of control’
byBook Review: The Death of Money: The Coming Collapse of the International Monetary System by James Rickards The title will no doubt give Cobden…
Playing with fire
byOnce again, the European press is trumpeting the triumph of the prodigals after a week in which both the Spanish and the French were…
The true significance of the $1 trillion coin
byUnder President Obama the debt of the United States government has grown by about 50%, and now stands at close to $16 trillion. Every…
Godfrey Bloom MEP on Germany’s “golden opportunity”
byEpisode 73: GoldMoney’s Andy Duncan talks to Godfrey Bloom, who represents Yorkshire and North Lincolnshire in the European Parliament, and who is a member of…
The Keynesians’ new clothes
byIt might seem like yesterday to some but it was already in 2009 that politicians in Europe began to talk about ‘austerity’, a concept…
Plus ça change
byConveniently coming just in time for the crucial Party conference, the official China PMI index inched above the 50-level watershed and so was enough…
Hope springs eternal
byThe minor uptick in China’s ‘flash’ PMI estimate for October – from 47.9 to 49.1 – has sparked the usual explosion of uncritical hopefulness…
Is deflation a major threat to the eurozone?
byIn its October 2012 World Economic Outlook report the International Monetary Fund (IMF) said that the European Central Bank (ECB) should keep interest rates…
The blind archer
byFinally, the great day has come and gone when the Fed would once again ride to the action, not daring to be left behind…