Tag Archive: Featured

Coronavirus: more than 4,000 new cases over 3 days in Switzerland

2020-10-13

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2020-10-13

On 12 October 2020, the Federal Office of Public Health (FOPH) reported 4,068 new cases of SARS-CoV-2 infection over 72 hours. The latest 3-day infection figure is 2.6 times the number over the same period a week ago.

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The NRA Would Be Wise to Leave New York ASAP

2020-10-13

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2020-10-13

Audio Mises Wire
The NRA would be wise to vote with its feet. Millions of Americans have already escaped the high taxes and freedom-destroying blue state regimes by doing the same. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: "The NRA Would Be Wise to Leave New York ASAP".

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A Critique of the Labor Theory of Value

2020-10-13

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2020-10-13

Before proceeding, we should be clear on what an economic theory of value is supposed to do: its task is simply to explain the exchange value of particular goods and services. That is, an economic theory of value must explain why someone selling good X can receive x berries in exchange for it, whereas someone selling good Y will only find someone willing to give up y berries in exchange for his good (where y< x).

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Initiative against Swiss Covid app fails

2020-10-13

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2020-10-13

In July 2020, a group started gathering signatures to launch a public vote to ban Switzerland’s Covid-19 contact tracing app.

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FX Daily, October 12: Yuan in Spotlight in Consolidative Session

2020-10-12

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2020-10-12

Led by 2-3% gains in Hong Kong and China, the MSCI Asia Pacific Index rose for the sixth consecutive session is pressing against the high for the year. European stocks are firmer, and the Dow Jones Stoxx 600 is up around 0.5% near midday, and shares are also trading firmer.

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Hotel sector sees gloomy outlook

2020-10-12

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2020-10-12

Swiss hotels are predicting a worsening outlook, as newspapers warn thousands of jobs could be lost in the sector. According to the latest survey by sector association HotellerieSuisse  at the beginning of this month, more than a third of hotels (37%) say they will have to lay off staff in the coming months.

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Tyrants Are Waging War Against Their Own Citizens

2020-10-12

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2020-10-12

As [D] Mayor de Blasio shuts down schools and restaurants in NYC yet AGAIN, and as cops in Australia arrest women on beaches for traveling outside of 5 KM from their homes, it’s clear that tyrants around the world are openly waging war against their own people. Claudio Grass joins me to discuss.

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Japan Embraced Debt as a Way out of Its Budget Crisis. It’s Not Working.

2020-10-12

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2020-10-12

Tax Revenues of Japan’s Central Government
The sudden resignation of Japans Prime Minister Shinzo Abe has led to evaluations of his so-called Abenomics. Many have praised Abe’s aggressive monetary policy because the long shopping list of the Bank of Japan (government bonds, corporate bonds, ETFs and real estate investment trusts) has inflated stock and real estate prices (Shirai 2020; Financial Times 2020).

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Drivers for the Week Ahead

2020-10-12

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2020-10-12

Dollar losses are accelerating; the virtual IMF/World Bank meetings begin Monday. A big stimulus package before the election still seems unlikely; there are a fair amount of Fed speakers during this holiday-shortened week.

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Raus aus der Alkohol, Zigaretten und Süßigkeitensucht, rein ins Gym!

2020-10-11

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Der Podcast von Dr. Dr. Rainer Zitelmann: Erfolg, Reichtumsforschung und Finanzen iTunes: https://podcasts.apple.com/us/podcast/dr-dr-rainer-zitelmann-erfolg-reichtumsforschung-und/id1519670241?ign-mpt=uo%3D4 Spotify: https://open.spotify.com/show/4iOCtLF6d2pvhZgS4JgtW8 Podcast.de: https://www.podcast.de/podcast/827314/ Folgen Sie mir auf Twitter - https://mobile.twitter.com/rzitelmann Folgen Sie mir auf Facebook -...

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Coronavirus: over 1,000 new cases in a day in Switzerland

2020-10-11

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2020-10-11

On 7 October 2020, the Federal Office of Public Health (FOPH) reported 1,077 new cases of SARS-CoV-2 infection over 24 hours.

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Dollar Slide Continues as US Fiscal Stimulus Remains Questionable

2020-10-11

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2020-10-11

2020 Senate Control
The dollar remains heavy; stimulus talks may or may not be dead; the White House is still sending mixed signals. This is another quiet day in terms of US data; Canada reports September jobs data. We got some more eurozone IP readings for August; following Greece yesterday, it’s Italy’s turn today to register another record low for its 10-year bond yield.

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Our Politicians Would Probably Be Better If We Picked Them by Lot

2020-10-11

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2020-10-11

Audio Mises Wire
Rather than choose among a group of narcissists desperate to become popular by redistributing the income of others, why not choose officeholders by lot for a single term?

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Retirement Income Planning Truth with Jim Otar. Part 1.

2020-10-11

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2020-10-11

Index Value Over Time
Income is the lifeblood of retirement.  In Part 1, wisdom from the early chapters of Jim Otar’s new book about retiree income challenges is explored. A one-person revolutionary.

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Swiss refiner breaks industry silence on sourcing gold from risky areas

2020-10-10

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2020-10-10

In a rare interview, PX Precinox CEO Philippe Chave defends his company’s record in Peru and says abandoning artisanal miners is not the way to achieve more sustainable and transparent mining practices.

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It Just Isn’t Enough

2020-10-10

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2020-10-10

Unemployment Insurance, Initial Jobless Claims, 1980-2020
The Department of Labor attached a technical note to its weekly report on unemployment claims. The state of California has announced that it is suspending the processing of initial claims filed by (former) workers in that state.

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The Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer

2020-10-10

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2020-10-10

In the first presidential “debate” (I use that word creatively), Joe Biden hinted that he would order a national lockdown in order to “defeat” the covid-19 virus, and there certainly seems to be a consensus in the media and among political elites that if there is another “outbreak” of covid, then the “shelter in place” order will be the law of the land.

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What “Experts” Miss about Economic Inequality

2020-10-10

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2020-10-10

That’s a question USA Today posed to three “policy experts on the left and the right” in this recent article. The responses, while unsurprising, were nevertheless disappointing. For libertarians, economic inequality itself is not problematic, as long as it is in the context of an unfettered market economy free of government privileges and interference.

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FX Daily, October 9: Animal Spirits Return

2020-10-09

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2020-10-09

Overview:  The on-again-off-again fiscal stimulus in the US is back on as the White House now supports a broad stimulus program, but not as big as the Democrats $2.2 trillion package.  It is the narrative being cited as the rebuilding of risk appetites is the wobble earlier in the week. 

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Central banks and BIS publish first central bank digital currency (CBDC) report laying out key requirements

2020-10-09

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2020-10-09

Seven central banks and the BIS release a report assessing the feasibility of publicly available CBDCs in helping central banks deliver their public policy objectives. Report outlines foundational principles and core features of a CBDC, but does not give an opinion on whether to issue.

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