• Blog
    Evans-Pritchard Says We’re Wrong

    Despite his not-half-bad diagnoses of the political problems facing Europe, the Telegraph’s Ambrose Evans-Pritchard has really done himself in with his article today entitled “You Are All Wrong, Money Printing Can Halt Europe’s Crisis.”  In regards to the title, Evans-Pritchard misinterprets the protest behind further central bank intervention.   Those who refuse...

  • Articles
    Will the Bank of Canada Join the Gold Rush?

    Central banks of the world recently shifted from being net sellers to net buyers of gold. Official...

  • Blog
    Banking Jargon 101

    In case you’ve been living under a rock recently, you would have noticed that another major announcement...

  • Articles
    More Government Please? Give Me a Break

    Thomas Frank’s “Easy Chair-More Government Please!”(More_Government_Please) which recently appeared in Harper’s Magazine is yet another short sighted plea...

  • Blog
    Germany won!

    Please, click here to read this article in pdf format: december-1-2011 The coordinated action of central banks yesterday changed our short-term view. We had written in our last letter that we expected the fragile global financial system to collapse, with people taking matters into their own hands and, as Murray Rothbard once...

  • Blog
    Fed, BoC, and Other Central Banks Ready To Save Europe

    It was only a matter of time: (Reuters) – The world’s major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch as the euro zone’s debt crisis drove EU ministers to urge more IMF help to avert financial disaster. The emergency move by...

  • Blog
    Vietnamese Bank Offers Gold Time Deposits

    I just got this from an ex-pat living in Vietnam – the Asia Commercial Bank in Vietnam...

  • Articles
    Post 2008 Financial Sector – More Risk Not Less

    Saying that Europe is a major credit risk is an understatement. It is so hard to keep...

  • Blog
    Flaherty Eliminating Tariffs

    From Reuters (ht Mark Perry): Canadian Finance Minister Jim Flaherty said on Sunday the government would eliminate tariffs on dozens more products used by Canadian manufacturers, aiming to lower their costs and encourage more hiring.The initiative would scrap custom duties on 70 items used by businesses in sectors such as food processing,...

  • Articles
    The Ever-Changing Means of Mr Doubter…

    Mr Doubter, otherwise known as the child who pointed out the Emperor’s...

  • Blog
    New Bloomberg Info On Fed Bailouts

    Last August, Bloomberg news released some uncovered details from its hard fought “Right to Know” request it launched against the Federal Reserve and its actions during the heat of the financial crisis.  Though lauded with praise by numerous media outlets, Bernanke’s $1.2 trillion bailout kept both U.S. and foreign banks from going...

  • Blog
    Why Mises (and not Hayek)?

    In Response to the discussion raging I thought I would post this talk given by HHH in Vienna at the Mises Institute Supporters Summit.

  • Articles
    Forget Stimulus, Deregulate

    Canada managed to escape the initial financial crisis, between late 2007 and early 2009, in better condition than...

  • Blog
    Minarchists, What’s Their Excuse?

    “… the State claims and exercises the monopoly of crime …. It forbids private murder, but itself...

  • Blog
    NY Fed Admits It Was Wrong

    It often takes a great deal of courage to admit when you are just plain wrong.  It takes an even greater amount of chutzpah to admit that you are wrong after your mistake caused years of misery for millions and the true pain hasn’t yet manifested itself.  With that being said, it...

  • Blog
    Jim Rogers On China and U.S.

    Jim Rogers is out with a new podcast interview with China Money Podcast which can be listened to here. Important points include: China’s property bubble is different from the U.S. as it is more of a pricing problem rather than a rampant credit bubble where practically anyone can get a mortgage without...