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Author Archives: radiofreemarket
Which is overvalued, gold or the dollar?
A recent bulletin from a major Swiss Bank argues that the price of gold has never been higher, that its price has peaked, that the run up was driven by fear, that fear is now waning and it is time … Continue reading
Posted in News/ Lessons
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My letter to the Wall Street Journal re: If Bernanke were your doctor…
Re: Bernanke Defends Easy Money Policy Dear Sirs: Bernanke’s easy money policy is a complete failure, simply reigniting another bubble, even bigger than the last, that will burst as surely as did all previous ones. Easy money disrupts the time … Continue reading
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My letter to the Wall Street Journal re: What determines currency exchange rates
Re: On currencies, what’s fair is hard to say Dear Sirs: The main determinant of currency exchange rates is purchasing power parity. In a currency market without government interventions a currency will be bid up or down so that the … Continue reading
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Book Review: Street Smarts, by Jim Rogers
Introductory Comments from RFM founder, Michael McKay: Andy Duncan delivers – again – an extraordinary review. Savor each word and – Enjoy. MM In China, eight is the lucky number. The Mandarin symbol for eight is a pictogram representing … Continue reading
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The real bailout of Greece comes from the ECB
From today’s Open Europe news summary: Greece set for next tranche of bailout funds as another strike brings country to a standstill The European Separately, the euro working group meeting today, is expected to approve the release of the next … Continue reading
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Using language to obscure the true meaning of things
From today’s Open Europe news summary: Commission to examine plans for eurozone fiscal union as part of agreement on new economic governance rules The Council of Ministers and the European Parliament yesterday reached an agreement on the ‘two-pack’ rules for … Continue reading
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What is the meaning of “more Europe” and “European ambitions”?
From today’s Open Europe news summary: German opposition leader: Merkel entered an “unholy alliance” with Cameron over the EU budget Former French Minister: The Anglo-German axis is an extremely important diplomatic shift In a debate in the German Bundestag this … Continue reading
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Stockholm syndrome alert: Six of Britain’s biggest water companies ‘use tax havens to avoid paying millions to the Treasury’
By Andy Duncan Back in those terrible days when I used to be a socialist, I too used to be ‘outraged’ about stories – such as this one in the Daily Mail – involving people avoiding the payment of tax. … Continue reading
Posted in Free Markets, World Report
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Potential US-EU trade deal is managed trade not free trade
Re: US and EU trade deal in the works Improving trade between the US and the EU is a good thing, especially if it results in a reduction of red tape and tariffs. But note that this is not “free … Continue reading
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Michael McKay Video Interview
In October 2012 RadioFreeMarket.com’s founder Michael McKay attended the Property and Freedom Society in Bodrum Turkey. While there he was interviewed by Mr. Joakim Fagerstrom, President of the Mises Institute of Sweden. This 16 minute video interview captures the essence … Continue reading
Posted in Archived Show, Free Markets, Liberty, Money
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