Tag Archives: Featured

Despite Newton’s tremendous intelligence and experience, he fell victim to the bubble along with the vast herd of credulous greedy punters. One of the most famous examples of smart people being sucked into a bubble and losing a packet as a result is Isaac Newton’s forays in and out of the 1720 South Seas Bubble that is estimated to have sucked in between 80% and 90% of the entire pool of investors in England. Some have claimed that Newton did not buy early in...

[unable to retrieve full-text content]Breaking Down the Dollar Monetary System If you ask most people, “what is money?” they will answer that money is the generally accepted medium of exchange. If you ask Google Images, it will show you many pictures of green pieces of paper. Virtually everyone agrees that money means the dollar.

On November 4-5, the 10th Austrian Economics Conference took place at the Austrian Central Bank (Österreichische Nationalbank). The event was organized in collaboration with the Fundación Bases and the Hayek Institut and received more than 150 academics, researchers, think-tankers, entrepreneurs, and student advocates of the ideas of freedom from all over the world. #RestartVienna became a great motivation for the promoters of the ideas of the Austrian School to...

“IT IS TERRIFYING, all the arguments and measures to persuade the unvaccinated to get the jab are simply ignored,” said Manfred Güllner, head of Forsa, a German pollster. The cause of his consternation? In a recent Forsa survey, 65% of the 3,048 unvaccinated Germans polled said they would “definitely” not get a covid-19 jab in the next two months. A further 23% were inclined not to. Germany, Austria and Switzerland have the highest shares of unvaccinated people in...

The vast majority of Mises Wire readers are already familiar with the Austrian business cycle theory. For those who are not, it is an Austrian perspective on what causes the sudden general cluster of business errors that results in a boom-bust cycle, with the busts being the recessions or depressions that we as a society so dread. Murray Rothbard explains this process in his America’s Great Depression: In sum, businessmen were misled by bank credit inflation to...

Overview:  While the Belarus-Poland border remains an intense standoff, there have been a couple other diplomatic developments that may be exciting risk appetites today.  First, Biden and Xi will talk by phone later today.  Second, reports suggest the UK has toned down its rhetoric making progress on talks on the implementation of the Northern Ireland Protocol.  Equities in the Asia Pacific region were mostly firmer, with China a notable exception among the large...

15.11.2021 – In 2020, 10 945 sentences and measures were executed in Switzerland (2019: 13 810). More than two thirds (67%) were for imprisonment in a penal institution. Community service accounted for less than a third (30%) of executions of sentences while electronic monitoring made up 3%. 86% concerned males and 42% Swiss citizens. The average population in penal institutions decreased by 6%. Data come from the Federal Statistical Office’s (FSO) execution of...

It makes perfect financial sense to crash the market and no sense to reward the retail options marks by pushing it higher. An extraordinary opportunity to scoop up mega-millions in profits has arisen, and grabbing all this free money makes perfect financial sense. Now the question is: will those who have the means to grab the dough have the guts to do so? Here’s the opportunity: retail punters have gone wild for call options, churning $2.6 trillion in mostly...

In einem Interview mit CNBC äußerte Michael Saylor seine Meinung zum aktuellen Bullenmarkt. Er glaubt, der BTC würde dauerhaft weitersteigen – einzig, wie schnell er wie hoch steigt, sei noch unklar. Sein Hauptargument für diese Meinung hängt jedoch weniger mit der aktuellen Inflationspolitik, sondern mit der technischen Natur des Bitcoin zusammen. Bitcoin News: Michael Saylor glaubt Bitcoin würde für immer weitersteigen Die Inflationspolitik der weltweiten...

© Eva Bocek | Dreamstime.com This week, Switzerland’s Federal Statistical Office published the latest cantonal GDP figures. Switzerland’s overall GDP growth in 2019 was 1.2%. However there were wide cantonal differences. The six fastest growing cantons in 2019 were Obwalden (+3.5%), Glarus (+3.2%), Zug (+2.7%), Basel-City (+2.6%), Luzern (+2.6%) and Valais (+2.5%). At the other end of the spectrum were the cantons ofBasel-Landschaft (-0.1%), Nidwalden (-0.3%) and...