Myth: Gold Makes Boom-Bust Cycles Worse
The gold standard, if not abused, is not conducive to boom-bust cycles.
Money and Banking
Displaying 411 - 420 of 1995
Economists Won’t Predict the Next Crash — Because They Can’t
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.
Economic Growth Isn’t the Cause of Inflation
A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping.
The Dollar Dilemma: Where to From Here
A monetary crisis is coming. Will gold or crypto replace the dollar?
Why Central Bankers Think They’re Doing Good for the Economy
The only reason why the illusion that central authorities can grow an economy appears to be real is because of a still expanding pool of real savings.
Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
Big banks like Deutsche Bank have the potential to take an entire economy hostage: When they get into trouble, they can drag everything down with them.
The EU is Rotting (and Its Banks are Insolvent)
The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.
Big Tech’s Numbers Game Hides Many Sins
The art of financial engineering – camouflaging a rise in leverage to boost present and future earnings – is in high demand.
Our Obsession with Consumption — while Ignoring Saving and Investment — Is a Big Problem
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
Inflation for Beginners
Let us see what happens under inflation, and why it happens.
