Monetary Economics » Human Action

Fed propaganda from the 1920’s

The more things change the more they stay the same. read more…

Europe will keep a printin’

Goldman gets another boy right where it wants him. read more…

Lies or Ignorance?

You decide…

From the prolific Bob Wenzel at EPJ

Inflation and the Fall of the Roman Empire

Back by poplular demand is this brilliant lecture delivered by Joseph Peden in 1984. Fittingly the year of the speech is the title of George Orwell’s great book on the overbearing state, and Peden shows in this unique analysis that the collapse of the Roman Empire was the inevitable result of a government that simply grew too large and too coercive for its own good. The speech holds every bit as true today as it did in 1984, and indeed as it would have back in the ancient days of mighty Rome. It should serve as a warning to all that centralised coersion and control ALWAYS ends in ruin. read more…

The magicians at the Fed, ECB and BoE

Are trying to trick you. This is what you need to look out for to understand it. read more…

Government is trading FX with your tax money

Govt has spent R10k of your money in past 12 months to make a terrible investment: going long foreign currencies. read more…

Japan just got even more inflationary

The Land of the Rising Sums. read more…

Piling monetary injustice onto a down-and-out Japanese public

Printing $200bn of new money cannot possibly create the resources to replace what has been destroyed, it can only redistribute resources from the last users of the new money to the first users of the newly printed money. read more…