For honest money and social progress
Source: https://mises.org/library/fed-desperately-tries-maintain-status-quo During the press conferences of recent FOMC meetings, millions of well-educated investment professionals have been sitting in front of their screens, chewing…
Source: http://bawerk.net/2015/10/30/the-yield-curve-and-gdp-a-causal-relationship/ One of the most reliable indicators of an imminent recession through recent history has been the yield curve. Whenever longer dated rates…
According to Einstein, time is affected by gravity. Clocks far from strong gravitational fields run more quickly; those close by run more slowly. We…
If you’re an American over a certain age, you remember roller skating rinks (I have no idea if it caught on in other countries)….
The yearly rate of growth of the personal consumption expenditure (PCE) price index adjusted for food and energy stood at 1.3% in June –…
From Eugen von Böhm-Bawerk’s blog. Source: http://bawerk.net/2015/08/05/that-70s-show-episode-1/ In several articles we have shown how the world changed from the 1970s with the breakdown of the old…
What if the gold standard is not an antique but, rather, a “timeless classic” (as termed in a speech by Bundesbank President Jens Weidmann in September…
With last week’s report of monetary developments in the Eurozone, we again have evidence both of Draghi’s monetary monomania and of the sheer futility…
Financial markets in the United States and around the world are all waiting with “bated breath” for when the Federal Reserve modifies its “easy…
[This piece first appeared here http://www.epictimes.com/richardebeling/2015/05/why-government-deficits-and-debt-do-matter/] The Congressional Budget Office (CBO) reported in early May that for the month of April 2015 the Federal government…