Interview with Jeff Berwick of the Dollar Vigilante

Had a great chat with Jeff Berwick of the Dollar Vigilante last week. Jeff’s a passionate anarchist, leads an interesting life, and has really interesting ideas. I’ll be at Jeff’s Anarchapulco conference in February, 2015. So if you’re looking for a good reason to get to Acapulco in February, this

Is Europe’s “Nixon Shock” Next?

George Soros is at it again, lecturing poor Europe with his economic musings. In an op-ed  on monetary policy in Britain’s lefty Guardian, Soros claims that European countries are in trouble because they accepted a currency they cannot control. Soros misses that Europe’s “crisis” is no more than politicians kicking and screaming for more

What Does Wine Think of This Market?

[Today’s post is excerpted from the October Austrian Investment Monthly newsletter. Now available for free download at St Onge Research] Is gold weakness getting confirmation. Or is that just the wine talking? A key element in Austrian economics is that fluctuations in valuations can give us a lot of information

The Myth of Japan’s “Lost Decade”

One of the great economic myths of our time is Japan’s “lost decades.” As Japan doubles-down on inflationary stimulus, it’s worth reviewing the facts. The truth is that the Japanese and US economies have performed in lock-step since 2000, and their  performance has matched each other going as far back

Monetary Stimulus as History’s Weapon of War

  Throughout history armies have used counterfeit currency as a weapon of war. Interestingly enough, the method used is nearly precisely what central banks do today to their own economies. The history of monetary stimulus as weapon of war informs one of the most most important aspects of the business