John Butler: Bitcoin, the Monetary Touchstone
byIs Bitcoin a sound form of alternative money? Does it provide a viable, alternative store of value with gold? These are questions that John…
Money
Speech to the Brazilian Chamber of Commerce in London
byLast week I spoke to a small group in London about the current monetary situation and the outlook for gold. The speech lasts about…
Do we have easy money?
byThis 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…
Five years of disastrously low interest rates have left Britain addicted to cheap credit
byThis article originally appeared in The Telegraph on 5 March 2014. It is reproduced by permission of the author. Five years ago today, the Bank…
The German way of 1923
byI chanced this morning on the superb collection of essays from Ludwig von Mises, The Causes of the Economic Crisis and Other Essays Before…
The Divinity School debate
by“…the stoppage of issue in specie at the Bank [in 1797] made no real addition to the financial powers of the country. On the…
What is Money?
byThere exists a certain amount of confusion today about what money truly is, how it originated and who should produce it (the government or…
Gold “bubble” bursting? – I don’t think so
byPreviously published at Paper Money Collapse on Wednesday, 4 October. In today’s Financial Times Mark Williams argues that the recent correction in gold means…
ConservativeHome: It’s time for currency choice – and Douglas Carswell’s 10 minute rule Bill on currency reform
byOver at ConservativeHome, I have promoted Douglas Carswell’s ten minute rule Bill on legal tender laws and currency choice: People today have unprecedented choice. They…
Prices and the demand for money
byBanking theory remains one of the most heatedly debated areas of economics within Austrian circles, with two camps sitting opposite each other: full reservists…