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Thorsten Polleit

Dr. Thorsten Polleit is the founder and president of the Ludwig von Mises Institut Deutschland honorary professor of economics at the University of Bayreuth, Germany. Polleit has worked as an economist for a large investment bank and for an international precious metals trading house. His fields of interest are monetary and capital market theory, the history of economic thought, and epistemology. Polleit has published many articles in refereed journals and written a couple of books (the last one being “The Global Currency Plot”, 2023). He publishes Dr. Polleit’s Boom & Bust Report (www.boombustreport.com).

Articles

Artificial Liquidity Brings Inflation Shocks

04/14/2026 Mises Wire Thorsten Polleit

There is no shortfall of liquidity in financial markets. In fact, there is so much that inflation has become a way of life for market participants. This is not a good thing.

The Illusion of Democracy: The “Iron Law of Oligarchy”

12/19/2025 Mises Wire Thorsten Polleit

“Political globalism” bears the unmistakable signature of an oligarchized democracy. No matter how we vote, a small elite manages to get its way on its central issues.

Elon Musk Claims Money Will Become Irrelevant. Is He Right?

12/09/2025 Mises Wire Thorsten Polleit

Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.

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Publications

The Global Currency Plot

02/16/2023 Thorsten Polleit

— from the Summary ... Democratic socialism—the ideology that dominates the world today—aspires to become a world state. The route toward it requires a single world currency to be created. That would undoubtedly create a dystopia. Might this become a

Media

Artificial Liquidity Brings Inflation Shocks

04/15/2026 Thorsten Polleit

There is no shortfall of liquidity in financial markets. In fact, there is so much that inflation has become a way of life for market participants. This is not a good thing.

Elon Musk Claims Money Will Become Irrelevant. Is He Right?

12/10/2025 Thorsten Polleit

Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.

The Euro Is a Frankenstein-Currency

09/09/2024 Thorsten Polleit

It may not have been created in the lab of a mad scientist, but the euro is still a manufactured, cobbled-together currency made from a number of national monetary units. Indeed, it is the perfect Frankenstein currency.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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