Topic: International

china

Signs of the Gold Standard Emerging in China?

– October 12, 2012

As noted in last week’s column about the rising recognition by authorities in Germany about the virtues of gold, the gold standard is receiving impressive new recognition internationally.

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What Will Benefit From Global Recession? The US Dollar

– October 9, 2012

Understanding the euro’s failure and Triffin’s Paradox helps us understand why the dollar will rise significantly in the years ahead.

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europeanunion

Two Legends in Economics Wrestle Over the Euro’s Future

– September 28, 2012

FORTUNE — Robert Mundell and Allan Meltzer rank among the most influential economists of the past half-century. Mundell, a professor at Columbia University, garnered a Nobel Prize in 1999, in part for his work in defining what he calls “optimum curren …

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Iran: Down, But Not Out

– September 27, 2012

Since Mahmoud Ahmadinejad first became President of Iran, in August 2005, the country’s economy has gone from bad to worse. Iran now ranks near the bottom

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World Hyperinflations

– August 22, 2012

This chapter supplies, for the first time, a table that contains all 56 episodes of hyperinflation, including several which had previously gone unreported. The Hyperinflation Table is compiled in a systematic and uniform way. Most importantly, it meets …

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Slumping Money Supply

Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession

– August 22, 2012

Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump. Nonsense. Hungary’s recession results from its slumping money supply.

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How China Is Driving Federal Reserve Policy

– August 21, 2012

During the Cold War, national security analysts spoke knowingly about the art of “Kremlinology.” This was a technique for understanding Soviet power relations and policy changes taking place inside the leadership compound in the Kremlin.

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Central Banks Race to BUY Gold At Record Pace

– August 21, 2012

This must be more evidence of Bernanke’s “tradition.” The Olympics may be over, but central banks around the world have begun a race to buy gold and are doing so at the highest level in decades. The World Gold Council recently announced that central ba …

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burstingbubble

Bubble Economics

– July 30, 2012

Works so nice, apparently we should try it twice. Then thrice… Dr. Paul Krugman is calling for another bubble, this time in Germany, to solve the problems of a previous bubble in the PIIGS nations (Portugal, Italy, Ireland, Greece, Spain) of southern …

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money burning

Our Money is Dying

– July 10, 2012

A question on the minds of many people today (increasingly those who manage or invest money professionally) is this: How do I preserve wealth during a period of intense official intervention in and manipulation of money supply, price, and asset markets?

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The Euro’s Fetters?

– July 9, 2012

Is the Euro harder to escape than the Gold Standard? Spanish economist Jesús Huerta de Soto just published a new article entitled “An Austrian Defense of the Euro.” In this paper Huerta de Soto develops an argument based on the lectures given by Nobel …

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