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…
Economic Cycles
Greece, Germany and the ECB: and what it means for Bonds, Stocks and the Euro
byGreece is back in the spotlight amid renewed fears of a break-up of the Euro as the Syriza party show a 3.1% lead over…
The present monetary system the key cause for boom-bust cycles
byOriginally, paper money was not regarded as money but merely as a representation of gold. Various paper certificates represented claims on gold stored with…
Crisis? What Crisis?
by[The following is a shortened version of an original which first appeared on the author’s website, www.truesinews.com ] As Britain fast approaches what is…
Time Horizons And Time Preference
byRecent dollar strength has been a surprise to many but a strong dollar was also a key component of the Asian currency crises of…
The False Promises Of Two Percent Price Inflation
byA specter is haunting the world, the specter of two percent inflationism. Whether pronounced by the U.S. Federal Reserve or the European Central Bank,…
“We hate you guys but there is nothing much we can do”
by“Except for US Treasuries, what can you hold ? US Treasuries are the safe haven. For everyone, including China, it is the only option…..
Budget deficit and economic growth
bySome economists such as Nobel Laureate Paul Krugman hold that during an economic slump it is the duty of the government to run large…
Deflating the Inflation Myth
by[Editor’s Note; this interview, with Cobden Centre contributor Jesus Huerta de Soto, was by Malte Fischer of Handelsblatt] Professor Huerta de Soto, the inflation…
Total Output grew by 2.17% in 2012
byOctober 31st saw the belated release of the 2014 Input-Output Supply and Use Data. This is important because it incorporates a larger amount of…