Profiles

Home | Profile | Thorsten Polleit
  • Thorsten Polleit

Thorsten Polleit

Tags Financial MarketsMoney and Banking

Works Published inSpeeches and PresentationsMises Daily ArticleQuarterly Journal of Austrian EconomicsThe Free Market

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

The Fed Can’t Raise Rates, But Must Pretend It Will

Booms and BustsThe FedMoney and BanksMoney and Banking

10/26/2015Mises Wire
The Fed has a difficult balancing act. To maintain the current easy-money induced boom, it must not raise rates. But at the same time, it must also act as if it might raise rates some day, or savers will abandon the credit markets.

Read more

Keeping the Bubble-Boom Going

Booms and BustsThe FedMoney and Banking

08/19/2015Mises Wire
The Fed is talking about raising interest rates, but it knows that any move in that direction is likely to cause a recession and more economic pain. But it also knows it can't keep forcing down interest rates forever.

Read more

The "Natural Interest Rate" Is Always Positive and Cannot Be Negative

Money and BanksPraxeology

04/09/2015Audio/Video
We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate, writes Thorsten Polleit . This audio Mises Daily is narrated...

Read more

The "Natural Interest Rate" Is Always Positive and Cannot Be Negative

Money and BanksPraxeology

03/21/2015Mises Daily Articles
We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate.

Read more

A Golden Opportunity for Switzerland

Global EconomyGold StandardMoney and Banking

11/25/2014Mises Daily Articles
The Swiss are set to vote on a new initiative requiring the central bank to keep at least 20 percent of its assets in gold." How would such a measure be enacted and how would it affect Switzerland's economy?

Read more

Shield icon audience