A Desperate ECB Wants to Eliminate the Eurozone’s “Only Saving Grace”
The budgetary restraints that the eurozone placed on member states are now in the crosshairs of ECB President Christine Lagarde.
The budgetary restraints that the eurozone placed on member states are now in the crosshairs of ECB President Christine Lagarde.
Why does gold still matter? Politicians, central bankers, and investors dismiss it as a relic, but the precious metal still plays a role in today's economy. Keith Weiner of Monetary Metals explains why.
Bob Murphy gives the quick explanation of how IBC works.
Rahim Taghizadegan from the independent Viennese Scholarium offers a European perspective on the anti-economics of negative interest rates
The ECB, always happy to repeat the mistakes of Japan, is likely to start new programs of debt monetization for green projects and claim it is a different, radical and new measure.
Transitioning to a cashless society is a natural fit for the authoritarian regime in Beijing — and one that has long been sold as “benign” by the more “liberal” globalist elite.
The Fed overestimated the robustness of the economy, underestimated the level of addiction of the markets to cheap money, and it was way too quick to proclaim a “full recovery” from the crisis.
As government-created barriers to entry rise and fall, so does competition in the banking sector.
Argentinians have voted again for the policies that led to the 2014 financial crisis, and many crises before it. The regime remains inflationary and committed to big spending.
The fewer non-productive bubble activities we have, the better it is for those activities that actually crate wealth. But attempts to reverse deflation with new money creation only create new bubbles.