It’s time to end the cruel delusion of cheap money and reckless spending
bySteve Baker has written an article for today’s City A.M. calling for an end to the ‘cruel delusion of cheap money and reckless spending‘:…
Fiat money
The euro – lessons from history
byWhen currencies and monetary arrangements have broken down it has always been because the currency issuer can no longer fight the lure of the…
The Little Book of the Shrinking Dollar
byWhy am I so sure of the ultimate fate of the US dollar? One simple fact: it’s just paper. Every paper currency in the…
Fiat money: the root cause of our financial disaster
byA view from America, previously published at Forbes.com on August 15th Is it possible that the ghastly unemployment, stagnant growth (and possible double-dip recession),…
The curse of Babel
byA very old and well known story is told in Genesis 11. It is the story of the curse of Babel: Now the whole…
Gold is not in a bubble; paper money is collapsing
byFrom Paper Money Collapse, 23 May 2011. The widely-read Lex column in today’s Financial Times ran an article on gold ETFs (exchange-traded funds) that…
Beyond Repair – This will not have a happy ending
byThe main problem with having discussions about economics and financial markets is this: People look at these complex phenomena through entirely different prisms; they…