Sixty percent equities, 40 percent bonds. What has been considered the golden rule of portfolio theory for decades is of less and less value to investors today. Because central banks have backstopped...
Pascal Hügli
Also on:
Pascal Hügli is the chief research officer at Schlossberg&Co, a Swiss asset manager focused on protecting its clients' wealth from unprecedented and increasing monetary socialism around the globe.
Latest work
Listen to the Audio Mises Wire version of this article. Government-mandated money in the form of legal tender is a historical anomaly. For much of mankind’s history private monies and quasi monies...
Money—the magical power it has over people is almost universal. But whether we earn it, spend it, or save it, we hardly ever think about the following questions: What is money, why does it exist, and...