Global Economy

According to CBC News, "The Bank of Canada shocked markets today by cutting its key overnight lending rate by a quarter of a percentage point, citing the economic threat posed by plunging oil prices."

The Swiss franc was pegged to the euro in 2011, but after years of easy money in the eurozone, the Swiss have bailed in an effort to save the franc from even more inflation that's expected from the Europen Central Bank.

The lesson is clear. If Switzerland can retake control of its money, so can any eurozone nation.

Jeff Deist and Martin Armstrong discuss Armstrong's story—both as an economic forecaster and as a thorn in the side of federal prosecutors.

 A surprise move from Switzerland’s central bank (SNB) sent stock markets into panic today. In just a few minutes, the value of the Swiss franc rose by 30 percent, FTSE 300 dropped by 2 percent, Wall Street futures turned negative, and the recent feeble rise in commodity prices was reversed.

Supporters of embargoes like the Cuban embargo have never made a convincing case for why taxpayers, merchants, and consumers should be forced to forego their property rights and bear the costs of the embargo’s war on free trade.

Patrick Barron discusses how switching to sound money could change the global economy for the better.

Interviewed by host Scott Horton, Mark Thornton discusses the relation between oil prices and the world economy, and how Colorado’s first year of m

Interviewed by host Albert Lu, Mark Thornton talks about the collapse in oil prices.

Our #1 show of the year is Patrick Barron in a two-part interview on the end of US dollar supremacy.