Interview with Dr Emma Dawnay on the Swiss referendum on monetary reform
byThe following questions have been answered by Dr Emma Dawnay, on behalf of Monetäre Modernisierung, the organisation bringing the Swiss Sovereign Money Initiative (or…
Financial Stability
Emerging Markets Fear Yellen, But Need To Keep Their Eye On Draghi
byMr. Steil is director of international economics at the Council on Foreign Relations. Ms. Smith is an analyst at the Council. President of the European…
Can’t argue with a confident man
by“I can say therefore with confidence – and without any complacency – that we will secure the return of inflation to 2% without undue…
Zero Hedge: One Analyst Says China’s Banking Sector Is Sitting On A $3 Trillion Neutron Bomb
bySource: http://www.zerohedge.com/news/2015-11-02/one-analyst-says-chinas-banking-sector-sitting-3-trillion-neutron-bomb To be sure, we’ve long contended that official data on bad loans at Chinese banks is even less reliable than NBS GDP…
What’s Different about Monetary Policy?
byMany people agree that it’s important to move to a free market in money (i.e. the gold standard). They also say that it’s just…
Snider: The FOMC Gets Slower Still
bySource: http://www.alhambrapartners.com/2015/08/18/the-fomc-gets-slower-still/ Looking back now, January was such a weird month. You had, on the one hand, the barely restrained giddiness of the mainstream…
On To Immense Prosperity: The Brady-Cornyn Monetary Commission Proposes To Lead The Fed Out Of Uncharted Territory
byWe pixel-stained wretches of the Mass Media lately have been busy as ever transfixing you with spectacles. Meanwhile, something really important — softly outside…
Zero Hedge: It’s Not Just Margin Debt: Presenting The Complete Chinese Stock Market Ponzi Schematic
bySource: http://www.zerohedge.com/news/2015-07-26/its-not-just-margin-debt-presenting-complete-chinese-stock-market-ponzi-schematic Late last month in “The Biggest Threat To Chinese Stocks: Shadow Lending Crackdown“, we suggested that the pressure on Chinese equities –…
Doug Noland: Credit Bubble Bulletin
byI’ve had similar feelings before, though I recall being less apprehensive. The years 1999 and 2007 are etched upon my mind. The bustling of…
A Complete Guide to European Bail-Out Facilities – Part 2: Target2 & EFSF / ESM
by[This is from 2013, first published here http://bawerk.net/2013/09/05/a-complete-guide-to-european-bail-out-facilities-part-2-target2-efsf-esm/] Today we present the Target2-system and the fiscal bail-out facilities in our series on European efforts…