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  • Thorsten Polleit

Thorsten Polleit

Tags Financial MarketsMoney and Banking

Works Published inQuarterly Journal of Austrian EconomicsThe Free MarketSpeeches and PresentationsMises Daily Article

AwardsO.P. Alford III Prize in Political Economy

Dr. Thorsten Polleit, Chief Economist of Degussa and macro-economic advisor to the P&R REAL VALUE fund. He is Honorary Professor at the University of Bayreuth.

All Works

Central Banks’ Crusade Against Risk

Blog05/15/2019

Central banks are absolutely committed to low rates because higher interest rates would turn the boom into bust, and would collapse our production and employment structure now based on a system of ultra-low rates.

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Central Banks Are Propping Up Stock Prices

Blog04/11/2019

In the short term, a central bank can drive up stock prices by lowering the interest rate. In the longer term, it could sap the strength out of an economy.

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Central Banks Are Messing with Your Head

Blog03/21/2019

By tinkering with interest rates, central banks tinker with the way human beings see the present and the future, and their value systems overall.

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The Fed Is Seizing Even More of the Marketplace

The FedFinancial MarketsMoney and Banks

Blog03/04/2019

The Fed is prepared to squeeze out what little is left of the free market forces in the debt market. The Fed wants full control so it can do "whatever it takes" to keep interest rates from rising above its very-low targets.

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Why Marx Loved Central Banks

Money and BanksMoney and Banking

Blog02/08/2019

One of the easiest ways of asserting control over the private sector is to manage the money supply with a central bank. Naturally, Marx was rather fond of the idea.

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