Der Ökonom Hans-Hermann Hoppe, einer der führenden libertären Köpfe der Gegenwart, widmet sich – wie schon sein Mentor Murray Rothbard und dessen Lehrer Ludwig von Mises -, immer wieder politischen und soziologischen Fragestellungen. Das vorliegende Buch „Über den demokratischen Untergang und die Wege aus der Ausweglosigkeit“ enthält 15 derartige Textbeiträge, die von 2011 bis 2019 entstanden sind. Es geht um den demokratischen Staat, dessen seit seiner Entstehung...
Read More »Spending Here, Production There, and What Autos Have To Do With It
While the global inflation picture remains fixed at firmly normal (as in, disinflationary), US retail sales by contrast have been highly abnormal. You’d think given that, the consumer price part of the economic equation would, well, equate eventually price-wise. Consumers are spending, prices should be heading upward at a noticeable rate. To begin with, consumer spending – as pictured by the Census Bureau – was obviously boosted during January by the previous...
Read More »Why Is Economic Journalism So Bad?
Niall Ferguson holds a PhD in philosophy from Oxford, taught history at Harvard and NYU, and wrote perhaps the definitive biography of Henry Kissinger. So, naturally, Bloomberg hired him to write on economics. His most recent column for Bloomberg is a strained mix of the Scot’s views on inflation, tempered slightly by a welcome skepticism toward Jerome Powell’s dismissal of the threat. Ferguson is still gun-shy from an exchange with Paul Krugman back in 2010 over...
Read More »Ep15 – Inflation’s Inconvenient Complexities, Part 1
The Gold Exchange Podcast with Keith Weiner Ep15 - Inflation's Inconvenient Complexities, Part 1 There’s been a lot of talk of inflation lately, with predictions in the media running from one extreme to the other. Most folks define inflation simply as “rising prices.” But as John Flaherty and CEO Keith Weiner discuss in this week’s episode, it’s not that simple. There are a number of intricacies to be aware of if you want to understand what’s really...
Read More »Ep14 – Unexpected Insights on Fractional Reserve Banking
The Gold Exchange Podcast with Keith Weiner Ep14 - Unexpected Insights on Fractional Reserve Banking In this episode, you’ll discover: --4 traits that determine legitimate credit, versus counterfeit credit --What many alarmists incorrectly presume about this system --The concept of ‘ceiling’ vs an absolute multiplier --How nearly everyone today suffers confusion between money and credit --A similar multiplying effect that occurred in gold…without any banks at all...
Read More »Ep13 – The Pressing Problem with "Money Printing"
The Gold Exchange Podcast with Keith Weiner Ep13 - The Pressing Problem with "Money Printing" The phrase “money printing” conjures images of a giant printing press spitting out sheets of hundred dollar bills somewhere in the basement of the Fed. But is that what’s actually happening lately? Absolutely not. Show notes & full transcript on our website: https://monetary-metals.com/ep13-money-printing/ Subscribe via Apple Podcasts, Google Podcasts, Spotify,...
Read More »A nightclub in an isolated Swiss town
Before Juliane and Nici opened Cult, young people in the eastern Swiss town of Scuol had to drive for miles – even across the border into Austria – for a bit of fun. “Scuol was a ghost town in terms of nightlife,” Juliane admits. As a result, local youngsters organised a petition saying there needed to be somewhere in Romansh-speaking Scuol where young people could meet and dance or just have a few drinks with friends. Parents were also supportive as the risk of...
Read More »FACE Interview March 16th 2021 Mark puts both Norway and Canada as top candidates to taper first.
Marc Chandler is being interviewed by Dale Pinkert @ForexStopHunter during the F.A.C.E. Webinar. Marc is bearish the dollar and thinks 110 USDJPY could be it for the short term advance. Subscribe to attend for FREE using the following link: http://bit.ly/2WhbchO
Read More »What the Shipping Container Shortage Reveals about US-China Trade
Despite the record unemployment rate, widespread hardship to businesses, strains on the healthcare system, political turmoil, and general disruption to daily life in 2020, US consumers have managed to ramp up their habit of buying things. Demand for physical goods replaced some of the previous demand for in-person service-related experiences and much of that demand was met with a surge of imports from China as domestic production slowed down due to lockdown measures....
Read More »FX Daily, March 16: Equities Firm, but Markets Tread Gingerly
Swiss Franc The Euro has fallen by 0.33% to 1.1024 EUR/CHF and USD/CHF, March 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Yesterday’s new record highs in the S&P 500 and Dow Jones Industrial helped set the tone for today’s advance in the Asia Pacific region and Europe. The MSCI Asia Pacific Index snapped a two-day decline, with other major markets rising today. The Dow Jones Stoxx 600 had edged to new...
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