#Draghi is correct that QE will increase inflation in the Eurozone, but wrong in his assertion that higher prices will benefit the economy!
— Peter Schiff (@PeterSchiff) April 21, 2016
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- Though #gold and #silver prices are approaching 2-year highs, and mining stocks are hitting 3-year highs, typical investors have yet to buy!
- Carl Menger: Founder of the Austrian School
- Hayek on Keynes's Ignorance of Economics
- January report "The Age of Envy or of Dissatisfaction?" published. http://bit.ly/2y4LJZQ
- The declining output from Chinese mines is starting to fit into a broader pattern of flat gold production globally. http://bit.ly/2pDo91T
- Lack of Democracy isn't Venezuela's problem. Both Chavez and Maduro were elected by people voting for socialism. #Venezuela needs capitalism
- Debunking Austrian Economics 101 - Thoughts?
- The expanding trade deficit is bad news for the dollar, which continues to sink. Last week was the sixth straight week that the dollar index declined. That hasn’t happened since 2010. http://bit.ly/2njAU1I
- Steve Keen at Kingston University in London said the bigger problem is what he calls the “zombie-to-be economies.” http://bit.ly/2fFmk3t
- Beyond capitalism and socialism: Do we need a more holistic economy?