goldmoney

Economy

Our costly dalliance with Lord Keynes

28/08/2019(0)
  In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not an economist, and did not fully understand free markets, ... Read More
inflation

For those who don’t understand inflation

14/06/2019(0)
This article is a wake-up call for those who do not understand the true purpose of monetary inflation, and do not realise they are the suckers being robbed by ... Read More
china-imports

Post-tariff considerations

17/05/2019(0)
  President Trump has declared he will extend tariffs of 25% on all America’s imports of Chinese goods. China is responding with tariff increases of its own. The consequences ... Read More
money

The Arrival Of The Credit Crisis

02/01/2019(0)
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had ... Read More
world-euro-notes

Time Is Money, Money Is Time

21/12/2018(0)
  Life’s but a walking shadow, a poor player who struts and frets his hour upon the stage and then is heard no more. -Macbeth Our limited time, our ... Read More
psychology

The psychology of systemic consensus

16/11/2018(0)
  We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on ... Read More
gold bars

Prices When Gold Is Money

09/11/2018(0)
  We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money ... Read More
Economy

We should ditch GDP as a measure of economic activity

10/10/2018(0)
  This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as ... Read More
macroeconomics

Macroeconomics Has Lost Its Way

03/08/2018(0)
  The father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, the personal preferences and choices exercised by individuals ... Read More
gold bars

Valuing Gold In A World Awash With Dollars

27/07/2018(0)
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. ... Read More
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