Honey, I broke the markets
by“Donald Trump looks like the villain in a movie where the hero is a dog.” – The internet. Which four letter word still has…
Expectations and business cycles
byAccording to the Austrian Business Cycle Theory (ABCT) the artificial lowering of interest rates by the central bank leads to a misallocation of resources…
Paper Money versus the Gold Standard
byWe are living in a time that can only be considered monetary chaos. The U.S. Federal Reserve has manipulated key interest rates down to…
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…
The Fed’s in a bind
byOne can understand the Fed’s frustration over the failure of its interest rate policy, and its desire to escape the zero bound. However, since…
How Money Disappears in a Fractional-Reserve Money System
byMost experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US…
Will a GDP Futures Market Be Liquid?
byAt the Cato Monetary Conference this week, Scott Sumner said he had a “modest” proposal, that there should be a highly liquid futures market…
“Democratic Socialism” Means the Loss of Liberty
bySource: http://www.epictimes.com/richardebeling/2015/11/democratic-socialism-means-the-loss-of-liberty/ Democratic Party hopeful, Bernie Sanders, recently outlined what it means for him to be a “democratic socialist.” The problem is that the…
Look ma – no rules !
by“Hell, there are no rules here – we’re trying to accomplish something.” – Thomas Edison. Operating outside of a rule book may be…
Mises.org: The Problem With “Rules-Based” Monetary Policy
bySource: https://mises.org/library/problem-rules-based-monetary-policy Author: Tommy Behnke The phrase “rules-based monetary policy” has frequented conservative circles a lot lately. Republican presidential candidate Ted Cruz expressed his…