Profiles

Home | Profile | Alasdair Macleod

Alasdair Macleod

Alasdair Macleod is the Head of Research at Goldmoney.

All Works

The Debt-Inflation Spiral Is Driving up the Demand for Gold

Central BanksFinancial MarketsMoney and Banking

Blog08/15/2020

It is often claimed that inflation reduces the true burden of debt. This is true for existing debt, but those who advocate it as a remedy for government indebtedness fail to understand that it also increases the cost of the government’s future debt.

Read More

Say's Law and the Effects of a Growing Money Supply

Booms and BustsMoney and Banks

08/06/2020Mises Media
Economic growth results from increasing production, and the money supply is always sufficient to foster exchange. The boom-bust cycle only occurs when production is distorted by a growing money supply.
Read More

Say's Law and the Effects of a Growing Money Supply

Booms and BustsMoney and Banks

Blog07/31/2020

Economic growth results from increasing production, and the money supply is always sufficient to foster exchange. The boom-bust cycle only occurs when production is distorted by a growing money supply.

Read More

Inflation: This Time Is Different

Inflation

Blog07/18/2020

There's more saving and less spending. This would bring deflation, but there's a catch: we're making less stuff, which means more money chasing fewer goods.

Read More

Why GDP Metrics Won't Tell Us Much about the Post-COVID Recovery

U.S. Economy

06/10/2020Mises Media
GDP can be increased through both government spending and printing new money. So, naturally, once lockdowns end we'll see a big rebound in GDP. But that doesn't tell us if the private sector is actually better off.
Read More
Shield icon audience