Category Archives: News/ Lessons

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 →

Let me disclose right up front that I have not yet completely read David A. Stockman’s seven hundred page bombshell of a book The Great Deformation: The Corruption of Capitalism in America.  It arrived a few days ago and I … Continue reading →

From today’s Open Europe news summary: Separately, the leader of Silvio Berlusconi’s MPs Renato Brunetta told Italian daily Il Messaggero, “The German Chancellor [Angela Merkel] is destroying the euro and Europe. After provoking two World Wars, Germany has triggered an … Continue reading →

A wonderful interview with Godfrey Bloom, member of the European Parliament for Yorkshire and North Lincolnshire. Godfrey makes so many good points, but I really liked his observation that the Middle Englishman may not know monetary policy but he knows … Continue reading →

How vulnerable is the US to financial ruin?  I say it is very vulnerable, and here’s the reason.  At the Bretton Woods Agreement in 1944 the US had promised to redeem gold at $35 per ounce, which meant that it … Continue reading →

Re: Father of the Euro calls for new world currency The man who convince the European Union to adopt the disastrous euro project now wants to up the ante and impose a new world currency.  This tactic was predicted by … Continue reading →

From today’s Open Europe news summary: Influential Conservative MPs call for tougher rules on EU migrants’ access to benefits The Times reports that the Fresh Start Group of Conservative MPs has today published a new report calling on the UK … Continue reading →

All throughout his new book, The Great Deformation: The Corruption of Capitalism in America, David A. Stockman is critical of the Chicago School, especially its intellectual leader during the last half of the twentieth century, Milton Friedman. He captures the … Continue reading →