Yield curve and the US economy
bySo far in August the differential between the yield on the 10-year Treasury note and the yield on the 3-month Treasury bill stood at…
Federal Reserve
Did “The Nixon Shock” Lead to Nixon’s Resignation?
byThis month we observe the 40th anniversary of the resignation, under threat of imminent impeachment, of President Richard M. Nixon. Nixon aide and loyalist…
Signs Of The Fed’s Era Of Secrecy Coming To An End
byThe Federal Reserve increasingly is attracting scrutiny across the board. Now add to that a roller coaster of a thriller, using a miracle of…
How to Start Reforming the Federal Reserve Right Now
by[Editor’s Note: this piece, by Brendan Brown, was first published at mises.org] First the good news. The House Financial Services Committee has held a…
Is there room for Austrian ideas at the top table?
by[Editor’s note: now that Steve Baker MP is on the Treasury Select Committee, it should be of interest to all Austrianists, and those interested…
Madness!
by“Central bankers control the price of money and therefore indirectly influence every market in the world. Given this immense power, the ideal central banker…
‘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…
ECB embraces QE faulty logic
byEditor’s note: this article, under the title “No end to central bank meddling as ECB embraces ‘quantitative easing’, faulty logic” appears on Detlev Schlichter’s…
Amazon Prime cheaper in commodity terms
byIncoming from Dave Doctor at Monetary Choice: The dollar price of Amazon Prime, the two-day delivery program for Amazon, rises on April 17th to $99,…
Tapering – join the dots and end up with ZIRP
byNow we know: The Fed is going to purchase $75bn of assets, a reduction of $10bn a month. The two other bits of information…