Author Archives: radiofreemarket

Re: Grumbles Follow Plan to Raise Bank Capital Dear Sirs: This sentence from your excellent article about the Basel III capital requirements reveals the true source of the problem: “That there are bank capital rules at all stems from the … Continue reading →

From today’s Open Europe news summary: In a full page FAZ op-ed, former ECB Chief Economist Otmar Issing argues that “Eurobonds would breach fiscal sovereignty” as they would lead to “a transfer of taxpayers’ money without democratic control.” He also … Continue reading →

From today’s Open Europe news summary: Troika may show flexibility as Greece admits it cannot meet reform targets Greek Administrative Reform Minister Kyriakos Mitsotakis admitted yesterday that it is unlikely that Greece will be able to meet its reform targets … Continue reading →

Re: Bank of England Softens Bank Liquidity Requirements Central banks are doing their utmost to sustain the bubble economy.  Their main tool is expansion of the money supply.  But most new money is created by the banks via their lending … Continue reading →

Re: EU bank bailout deal This deal almost ensures that depositors of funds greater than 100,000 euros will lose everything when the inevitable bank failures start cascading across Europe.  There are provisions for exceptions, so it is possible that the … Continue reading →

I suggest that you listen to this interview with James Rickards.  Start at the 30 minute mark through the 36 minute mark.  Rickards explains in very easy to understand terms how the world could return to a gold standard.  He … Continue reading →

Re:   End of QE?–I don’t buy it, by Detlev Schlichter Another magnificent essay by Detlev Schlichter, author of Paper Money Collapse.  This short essay is a mini course in Austrian economics and capital theory and well worth ten minutes of your … Continue reading →

Re: Godfrey Bloom on the proposed EU regulations on the credit rating industry Although Godfrey Bloom, UKIP member of the European Parliament for Yorkshire and North Lincolnshire, exposes the real purpose behind the EU’s proposed regulations on the credit rating … Continue reading →