Our obsession with monetary stimulus will end in disaster
byThe following is a commentary I wrote for The Forum section of London business-paper City A.M. The link is here. It is now six…
Quantitative Easing
QE will come to the eurozone – and, like elsewhere, it will be a failure
byThe data was not really surprising and neither was the response from the commentariat. After a run of weak reports from Germany over recent…
John Butler’s interview with Jim Rickards
byWhen it comes to the world of international finance, Jim Rickards has quite nearly seen it all. As a young man, he worked for…
Wood will burn
by“I am definitely concerned. When was [the cyclically adjusted P/E ratio or CAPE] higher than it is now? I can tell you: 1929, 2000…
Statman’s tour of Britain: are average wages falling?
byIncoming from Tom Paterson, chief economist at “Gold Made Simple”: I’m currently travelling around Europe in my VW campervan with my my wife and…
Paper Money Collapse 2nd edition teaser
byOne of the interesting things that happened at the End of the World Club on Monday evening, was a teaser of what’s new about…
ECB embraces QE faulty logic
byEditor’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…
Britain’s inflationary outlook
byI’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…
Tapering – join the dots and end up with ZIRP
byNow we know: The Fed is going to purchase $75bn of assets, a reduction of $10bn a month. The two other bits of information…
Money printing: not what it was
byThere are lots of reasons why QE hasn’t yet created inflation in the rich West… SO HEADLINE writers everywhere got to say money really…