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Economic freedom: Politics, of course, by its nature is always the pursuit of the Left
Share this articleArticle II of II, by Claudio Grass Collectivism is extremely versatile and very easy for political animals to “sell” to the public and to weaponize. Politics, of course, by its nature is always the pursuit of the Left, if we are to follow strict definitions. It seeks to…
“Some things never change like weather patterns, famines and wars, whilst others change rapidly through technology and human greed”
Share this articleInterview with Simon Hunt: Part II of II Claudio Grass (CG): Taken together, the moves by Russia and China, especially on the monetary front, with their plans of a gold-backed digital currency, appear to pose a direct challenge to the status quo and America’s central role in it. Do…
Banking crisis: The new bailout strategy
Share this articlePart I of II The recent turmoil that has roiled the global banking sector has placed central bankers in an impossible position: Cut rates and avert a domino-style disaster in the industry and a possible deep and prolonged recession in the wider economy or stay the hiking course…
Cantillon effect: Who’s paying the highest price?
Share this articleEvery time we hear government officials announce their big spending plans, their new welfare programs and their ambitious “job creating” schemes, they always present them as being in defense of the poorest and the most marginalized members of our societies. In coordination with their central bankers, they print and…
The taper that never was
Share this articleFor many months now, the mainstream financial press and market analysts have been anticipating some kind of violent reaction or a “taper tantrum”, based on what they described as “hawkish” statements from the Fed and other central banks. Removing the “crutches” from the economy, by hiking interest rates and stopping the…
“The bank and the government have essentially blended into one entity” – Part II
Share this articleInterview with Karim Taleb Part II of II Claudio Grass (CG): Part and parcel of that same institutional “strategy”, especially in its current form, is the idea that deficits and debt don’t matter. Basically, after 2020, it can be argued that we’re all Modern Monetary Theorists now, as…