Deeply negative nominal rates are on their way
byGrowing evidence of a severe global recession is sure to provoke more aggressive monetary policies from central banks. They had hoped to have the…
Economic Cycles
Obvious Capital Consumption
byWe have spilled many electrons on the topic of capital consumption. Still, this is a very abstract topic and we think many people still struggle…
“Mind-alteringly cheap”
by“The problem is not so much to see what nobody has yet seen, as to think what nobody has yet thought concerning that…
For those who don’t understand inflation
byThis article is a wake-up call for those who do not understand the true purpose of monetary inflation, and do not realise they are…
Interest Rates, Global Value Chains and Bank Reserve Requirements
byInterest Rates, Global Value Chains and Bank Reserve Requirements Global Value Chains have suffered since 2009 Despite low interest rates, financial costs remain…
The Financial War Escalates
byBehind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time…
Economic stability and economic growth
byDuring the period 1920 to 1960, we can observe that the annual growth rate of production was more volatile than between the…
Global Real Estate – Has the tide begun to recede?
byDespite the fourth quarter shakeout in stocks, real estate values keep rising Financial conditions remain key, especially in a low rate environment Isolated…
Central Banking Is Central Planning
byAt a time when the appeal of and demands for a new “democratic” socialism seem to have caught the imagination of many among the…
Interview with Professor Joachim Starbatty MEP
byProfessor Joachim Starbatty is a member of the European Parliament. He kindly hosted our event “The Lessons of Economic History” earlier this year. Here…