When rates fall below zero, it literally costs you money to keep your cash in the bank. http://bit.ly/2vAif6i
— Peter Schiff (@PeterSchiff) August 15, 2017
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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?
- The palladium market could hit a deficit of 830,000 ounces this year. http://bit.ly/2yPU1rr
- 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
- Austria Begins Gold Repatriation; Maybe You Should Too @SchiffGold https://t.co/eCm1hJ00cj
- There is plenty of evidence of downward nominal wage flexibility
- “How ‘Natural’ Is the Government Monopoly over Money”
- "Income Inequality" - What Austrians Understand & Liberals Ignore
- From CNBC. http://bit.ly/20rm4mp