Category Archive: 6b) Austrian Economics

The Fed Doomsday Device

Debt is just the flip side of credit. As debt goes bad, credit disappears. And then the system that created so much credit-money will go into reverse, destroying the nation’s money supply. The money supply (actually, the supply of ready credit) will shrink – suddenly and dramatically. And what should have been a minor, routine pullback in the economy will become a catastrophic panic.

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China the lender of last resort for many oil producers

Bawerk explains how China will be the lender of last resort of many oil producers. China might let collapse a smaller producer and become much smarter at covering its political bases across producer states to protect longer term sunk costs.

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Money Supply Arguments Are Flawed

It goes without question, among economists of the central planning mindset, that if a central bank can just set the right quantity of dollars, then the price level, GDP, unemployment, and everything else will be right at the Goldilocks Optimum. One such approach that has become popular in recent years is nominal GDP targeting.

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Janet Yellen’s $200-Trillion Debt Problem

More than $10 trillion of government bonds now trade at negative yields. And another $10 trillion or so worth of U.S. stocks trade well above their long-term average valuations. And there’s more than $200 trillion of debt in the world. All of this sits on the Fed’s financial applecart. Does Janet Yellen dare upset it?

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Gold and Brexit

The pain of negative yields and social chaos will be very long lasting and very good for gold. So, gold must go up, but Brexit is not one of the reasons why it should. This tells me that in the short term there will likely be a correction in the gold price, creating an opportunity to trade

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Contrasting Views of the Great Depression | Robert P. Murphy!~

Tôi đã tạo video này bằng Trình chỉnh sửa video của YouTube (http://www.youtube.com/editor)

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A Market Ready to Blow and the Flag of the Conquerors

The U.S. is too big, too varied, too much of everything. You can’t fix a single view of it, even in your mind. But now our problems, challenges, and discontents are big. They are national and international. We cannot see them. We cannot understand them. Instead, we draw their measure from the news media – based on a flag that flutters and sags, depending on which way the wind is blowing.

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How the Welfare State Dies

People have become used to the idea that the State is their sugar daddy. Many apparently believe that it has some undisclosed, infinite stash of resources at its disposal which it can shower them with at will. The reality is unfortunately different.

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Down Go the Hopes and Dreams of Three Generations

On Wednesday, Janet Yellen pressed on the broken buttons again. After the two day FOMC meeting, the Fed Chair announced they’d continue pressing the federal funds rate down to just a ¼ to ½ percent – effectively zero. What type of insanity is this? If she keeps it up, and whole thing doesn’t implode, the yield on the 10-Year Treasury note could also slip below zero…along with the hopes and dreams of three generations of retirees.

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Dumbest monetary experimental end game in history (including Havenstein and Gono’s)

The Greatest Keynesian monetary experiment is not sustainable. It will not continue ad infinitum. Our money masters are just postponing the inevitable bust that will eventually correct these imbalances through worldwide capital re-allocation. Bawerk shows 3 graphs how investment growth gets slower and slower since the End of Bretton, how debt is increasing and how cheap dollar fuel debt-driven growth.

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US Negative Interest Rate Bets Surge To Record Highs

As the "deflationary supernova" sweeps across the world, dragging bond yields to zero-and-beyond, even the almighty omniscent Federal Reserve has been forced to capitulate as the 'cheapness' of Treasury bonds lures the world's yield-hunters dragging ...

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Claudio Grass Talks to Godfrey Bloom

  Introductory Remarks – About Godfrey Bloom [ed note by PT: Readers may recall our previous presentation of “Godfrey Bloom the Anti-Politician”, which inter alia contains a selection of videos of speeches he gave in the European parliament. Both eru...

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Dirk Müller im Tagesausblick vom 15.06.2016 – NATO rüstet weiter in Osteuropa auf

Weitere Themen: – Brexit, Fed-Sitzung und bevorstehender Hexensabbat sorgen für Bewegung – Hohe Volatilität: VDAX schießt nach oben – Gefallene Kurse = Kaufgelegenheiten – Kapitalabzug aus China setzt sich fort – Finanztransaktionssteuer dem Tode nahe www.cashkurs.com – Ihre unabhängige Finanzinformationsplattform zu den Themen Börse, Wirtschaft, Finanzmarkt von und mit Dirk Müller

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Keir Martland om Brexit | #085 Radio Mises

Ludwig von Mises-Institutet i Sverige: http://www.mises.se Studion gästas av Keir Martland från den brittiska Libertarian Alliance. Han berättar om läget inför folkomröstningen, hur han tror den kommer sluta och spekulerar i vad som sedan kommer hända. Att träda ut ur EU är en början för europeiska länder, det behövs mer. FACEBOOK: https://www.facebook.com/mises.se TWITTER: https://twitter.com/LvMISverige REDDIT: …

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The VIX Breaks Out – Market Risk Continues to Surge

  The Sharp Move in the VIX Accelerates In Monday’s trading session, the upward move in the volatility index VIX (which measures the implied volatility of SPX options) continued unabated, vastly out of proportion with the move in the underlying stock...

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Stocks Set Another Valuation Record

Believe It Or Not… There Actually Is Some Downside Risk BALTIMORE – Not much action in the stock market last week. A few little steps ahead to over the 18,000 line for the Dow. Then a few little steps back. Currently  the index sits at 17,732.   Th...

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Brexit Paranoia Creeps Into the Markets

European Stocks Look Really Bad… Late last week stock markets around the world weakened and it seemed as though recent “Brexit” polls showing that the “leave” campaign has obtained a slight lead provided the trigger. The idea was supported by a not...

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Is It Our Duty to Fight When the Deep State Asks?

  Hero or Traitor?   And it’s one, two, three, What are we fighting for? Don’t ask me, I don’t give a damn, Next stop is Vietnam; And it’s five, six, seven, Open up the pearly gates, Well there ain’t no time to wonder why, Whoopee! We’re all gonna di...

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What Congress Really Thinks of Voters

  Battle of Wits  BALTIMORE – On Wednesday, the Dow rose over 18,000, for the first time since April. Hillary is riding high, too. She is a pro. She has the entire Deep State behind her – including almost every crony and zombie in the country – and a...

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Dirk Müller vom 13.06.2016 – EU-Kommission: CETA braucht keine Zustimmung der nationalen Parlamente

Weitere Themen: • Brexit-Diskussion steckt Börsen an • Französischer Notenbankchef als (unfreiwilliger) Komiker • Elektromobilität: Daimler und Tesla – Anspruch und Wirklichkeit www.cashkurs.com – Ihre unabhängige Finanzinformationsplattform zu den Themen Börse, Wirtschaft, Finanzmarkt von und mit Dirk Müller

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