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…
Editor’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…
Incoming 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,…
After settling at 3.9% in July 2011 the yearly rate of growth of the consumer price index (CPI) fell to 1.6% by January this…
Confronted with the possibility that the endgame of the present experiment in extreme monetary accommodation may be higher inflation and even currency disaster, many…
This week marked the fifth anniversary of the 0.5% Bank of England base rate and the Bank of England’s Quantitative Easing program which has…
I’ve recently written for Save Our Savers attempting to square the massive expansion of Britain’s monetary base since March 2009 with the fact that…
“Now the New Year reviving old desires The thoughtful Soul to Solitude retires” – Rubaiyat of Omar Khayyam Yes folks, it’s that time of…
A number of people have asked me to expand on how the rapid expansion of money supply leads to an effect the opposite of…
We use the term “reserve currency” when referring to the common use of the dollar by other countries when settling their international trade accounts….