Author Archives: radiofreemarket

Re: Button-Down Central Bank Bets It All Dear Sirs: Your excellent report of the unprecedented action by the Swiss National Bank to drive its currency lower is an example of the trap in which all the world’s central banks have … Continue reading →

Re: Consequences in a Fiscal Plan: Municipalities Fight Proposals to Tax Their Bond Interest Dear Sirs: There is another objection to taxing municipal bond interest that goes beyond one of class warfare (“the government forgoes about $32 billion a year … Continue reading →

From Open Europe news summary of December 19, 2012 (my highlight in red): Berlusconi: Italy will be forced to leave the euro unless ECB starts printing money In an interview on Italian public broadcaster Rai Uno yesterday, Silvio Berlusconi said, “Either … Continue reading →

From Open Europe news summary of December 19, 2012: Cyprus announced yesterday that it would not default on any payments as the pension funds for the public electricity and telecoms firms as well as the Ports Authority have agreed to provide … Continue reading →

From today’s Open Europe news summary: Dutch daily Trouw has seen leaked European Commission and Court of Auditors documents it believes shows that “the Czech Republic is committing large scale fraud with EU subsidies”, while “the European Court of Auditors … Continue reading →

Re: How Big Deficits Became the Norm “But the size and trajectory of the federal budget can be boiled down to three  basics: the economy, spending and taxes. “ Dear Sirs: Sorry, but your quote above does not dig deep … Continue reading →