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- Austrian economics says that when there are higher wages, there is higher unemployment and when there are lower wages there is lower unemployment. Yet empirical data contradicts this. How do Austrain economists respond?
- Rickards notes the Fed’s main inflation indicator has been moving in the “wrong” direction since January. http://bit.ly/2v22MZj
- Dandia dhamaal
- Inflows of gold into ETFs are significant in their effect on the world gold market, pushing overall demand higher. http://bit.ly/2nzrmCc
- “How ‘Natural’ Is the Government Monopoly over Money”
- The palladium market could hit a deficit of 830,000 ounces this year. http://bit.ly/2yPU1rr
- There is plenty of evidence of downward nominal wage flexibility
- From CNBC. http://bit.ly/20rm4mp
- Foreign Banks Dumping US Debt at Record Pace @SchiffGold http://t.co/YwssaVXod7
- Don’t Be Fooled By Our Current Price Stability