Financial Markets

Displaying 21 - 30 of 861

The ECB Is Playing a Dangerous Game with "Collective Action Clauses" on Bonds

Central BanksFinancial MarketsGlobal Economy

Blog01/29/2021

The ECB is now turning to a new mechanism by which a bond’s value can be legally reduced by the issuer in times of hardship. The purpose is to allow central banks and governments new ways of ripping off the private sector. 

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GameStop, Market Distortions, and Manipulations

The FedFinancial Markets

Blog01/28/2021

With a sound money, none of these distortions would have been possible: the limitations of the currency itself would have forced an unwinding of excessive risk far before it could become a clash between major hedge funds and Reddit trolls.

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Compared to Europe and China, America Is Still a Safe Bet

Financial MarketsU.S. Economy

Blog01/27/2021

There's a lot of excessive optimism about the economy during the next four years in America. However, the US still comes out on top when compared to Europe and China.

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The Fed Won't Save Us from the Growing Jobs Recession

The FedFinancial Markets

Blog12/28/2020

No matter how bleak the economy may be, the Keynesians are likely to say, “It would have been worse without us.” 

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Yes, Privatization Makes Us Better Off

Financial MarketsProperty Rights

Blog12/26/2020

The Left has often claimed that privatization is a neoliberal scam. But actual experience suggests privatization schemes have improved access to goods and services while raising productivity and real incomes. 

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The Problem with Mandatory "Socially Responsible Investing"

Financial MarketsFree MarketsTaxes and Spending

Blog12/23/2020

There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least. 

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Central Banks Put Wind at Bitcoin's Back

BitcoinFinancial Markets

Blog12/10/2020

The central banks can be thanked for all bubbles, including those in cryptocurrencies.

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The US Savings Bond Scam

InflationFinancial MarketsU.S. History

Blog11/14/2020

Remember savings bonds? They were popular before the central bank made sure that safe, low-interest investments became a thing of the past. 

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Stop Confusing Money with Wealth

Cronyism and CorporatismFinancial MarketsInflation

Blog11/13/2020

Useful goods and services, and the productive resources needed to create useful goods and services, are wealth. Money is not wealth, and creating more money without first creating wealth is a big problem. 

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The Rise of Mega–Gambling Facilities: A New Skyscraper Curse?

Booms and BustsFinancial Markets

Blog11/06/2020

Circa casino’s new three-story, 78 million–pixel, high-definition screen in its sportsbook gambling compound may represent a new frontier in mega–building trends similar to those of skyscrapers. 

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