The Myth of Synchronized Growth and the Era of Secular Stagnation
We have been hearing from central banks that we were living in a synchronized growth territory. Well, it wasn’t the case.
We have been hearing from central banks that we were living in a synchronized growth territory. Well, it wasn’t the case.
Daniel Lacalle and Jeff Deist discuss why all of us have a stake in seeing central bank balance sheets shrink.
It's frightening to see the persistent lack of insight shown by policymakers and financial media on the 2008 financial crisis.
Lehman was a prime example of mainstream consensus analysis of risk and economic opportunity. We "solved" it with more of the same.
With cryptocurrencies, currency competition in the spirit of Hayek has become possible even in the absence of self-limitation by governments.
From the yield curve to money supply growth, there are good reasons to believe we are in the autumn of the current expansion.
Is it possible that the bubble-bursting in the corporate debt markets could precede — rather than coincide with — a bear market in equities? Yes, if history is any guide.
The sooner we stop conflating “technology” with “coin,” the sooner we will have a better understanding of what is and is not sound money.
Why do central banks still hold so much gold if it's not money? Ronald Stöferle and Jeff Deist discuss why.