Tag Archive: Economics

When Should Governments Ban Bitcoin?

When Should Governments Ban Bitcoin? When should governments ban new technologies?

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The far-reaching implications of the amateur trading wave

Part II of II by Claudio Grass, Hünenberg See, Switzerland Case in point: Silver “apes”  One of the most astounding elements of this shift in retail investing is the proof it offers for what many of us knew along: When people can freely and directly vote with their wallets and put their money where their mouth is, one gets a much clearer picture of what the public, the market or any other large group really thinks and really wants. In...

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The far-reaching implications of the amateur trading wave

2020 certainly was a year of a lot of “firsts”, most them extremely destructive to the economy, to our societies and to our everyday lives. However, there were a few positive developments too, among them being the fact that it was the year that ordinary people discovered and entered financial markets. 

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Freedom Is Not Free You Have To Fight For It, The People Will Demand Decentralization

Claudio begins his discussion with him taking a trip from Switzerland to Spain. On his travels he realized that the borders are open for cars and people were not asked for proof of vaccination. The people will begin to come together when they cannot function in everyday life because of inflation. People will look for decentralization because the globalist system does not work for the people.  Freedom is not free you have to fight for it.

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Quantitative Easing: A Boon or Curse?

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis. However, the increase in central bank assets due to quantitative easing programs during the crisis pale in comparison to the QE programs during the Covid pandemic. As economies recovered after the...

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#MacroView: Capitalism Does Not Equal Corporatism – Pt. 1

Furthermore, let’s understand what these debates are really about. The debates over capitalism aren’t about Mike Jones, who operates the local auto mechanic repair shop. Nor Annie Smith, the operator of a personal training studio. Mike and Annie are taking advantage of a capitalist economy. Capitalism provides the ability to earn more wealth than paid employment.

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Inflation risk takes center stage – Part II of II

A lot of people might be aware of historical cases of hyperinflation, like that of Hungary and the Weimar Republic, or even contemporary ones, like that of Venezuela. And yet, these are taught or reported like extreme cases, very far removed from the daily experience of most modern Western citizens.

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Inflation risk takes center stage – Part I of II

Over the past couple of weeks, we’ve been seeing more and more mainstream headlines about inflation fears being on the rise, both in the US and in Europe. Central bankers on both sides of the Atlantic have been doing their best to assuage these concerns, promising that they have everything under control and that the situation will without a doubt normalize soon.

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Reality check: The “miracle recovery” narrative

Over the last few weeks, we’ve been constantly bombarded by news reports and “expert” analyses celebrating an incredible global economic recovery. They’re not even presented as projections or expectations anymore, but as a fact, as though the return to vibrant growth is already underway.

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Lacy Hunt & Expectations For Decelerating Inflation

Lacy Hunt at Hoisington Management has some interesting thoughts regarding the inflation debate and the potential for decelerating inflation. Case For Decelerating Inflation In its Quarterly Review and Outlook for the First Quarter of 2021 Lacy Hunt makes a case for decelerating inflation.

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Precious metals are and always have been the ultimate insurance

As we enter the second quarter of 2021, the year during which so many mainstream analysts and politicians have predicted we’ll see a miraculous recovery from the covid crisis, it is becoming increasingly clear that the damage inflicted by the lockdowns and the shutdowns is really very extensive an persistent. Of course, I’m referring to the damage to the real economy, that is, to actual businesses, households and the countless citizens that were...

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The bitcoin surge in its proper context

Over the last few weeks we’ve been witnessing a historic surge in the Bitcoin price, a seemingly unstoppable ride that the mainstream media headlines can hardly keep up with. Especially following the news that Elon Musks’ Tesla bought $1.5 in the cryptocurrency, sending it to new record highs, most of the media coverage appears to be focused on all the wrong things.

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How High is Too High for Rising Government Bond Yields?

The two day rise in the gold price of more than US$50 fizzled out on Tuesday. The gold price is down about 7% (in US dollar terms) since its year-to-date high set on January 6. It is also down 13% from its all-time high set in August 2020. The silver price, boosted by social media attention, did not set its year-to-date high until February 1.

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“Self-control and self-respect have become undervalued”

After a year of lockdowns, social isolation, financial uncertainty and extreme political polarization, a lot of people are finding it very difficult to remain optimistic and to see a way back to some kind of normalcy. While the economic, social and political impact of the covid crisis can be easily identified and frequently discussed, the unseen, psychological pressures that millions of people are struggling with often go undiscussed.

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“The bank and the government have essentially blended into one entity”

A lot has been said and written about the impact of the Covid crisis on the global economy and on the prospects of a strong recovery in 2021. Especially since the start of the year, there seems to be a consensus among government officials, institutional leaders and mainstream market analysts and pundits, pointing to an extremely positive outlook.

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A Future Hunger Pandemic

The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain the pandemic. But we should recognize that even if the coronavirus is a (major) challenge for us, we always have to keep a holistic view of world events.

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Swiss direct democracy in action

On the last Sunday of November the Swiss citizens once again rejected efforts staged by left-leaning groups and NGOs to chip away at the nation’s long tradition of free enterprise, respect for private property and financial freedom. Two important proposals were brought before the Swiss people in a set of referendums, both targeting private companies and attempting to place unprecedented burdens, threatening their ability to operate freely and...

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The Costs of Coronavirus Lockdowns

Throughout the next weeks, we will regularly feature statistics showing some of the costs of the prevailing lockdown politics. This article is an introduction to this new series. All over Europe, life has come to a halt again. As a second wave of Coronavirus infections has arrived, social and economic life has largely once more, as was already the case in spring when COVID-19 first spread across the world.

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The far-reaching impact of the US election

The 2020 election was a roller coaster experience for both sides and for all International observers who understood its massive economic and geopolitical implications for the rest of the West.

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Second lockdown in Europe

As the long-awaited “second wave” of the corona pandemic sweeps through Europe, another round of severe restrictions, travel bans and rules that prevent the proper function of international business and trade threatens to once again disrupt all kinds of sectors, including the gold industry. 

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