austrian school of economics

No More Negative Yielding Bonds?

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In most older finance and economics books, you won’t see negative interest rates discussed because it seems like such an absurd concept. Why pay someone for the right to lend your money to them? This unthinkable concept became mainstream starting in 2014. Negative rates occurred because of a confluence of…CONTINUE READING

The Federal Reserve Wants You To Own Gold

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At the time the Federal Reserve was doing its 3 rounds of QE and had a zero percent Fed funds rate, there were predictions by bearish investors and Austrian economists that inflation would run out of control. This hasn’t happened as inflation, measured by Core PCE or CPI, has stayed…CONTINUE READING

What Is The Business Cycle?

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Following the 2008 financial crisis that catapulted America and Europe into what is called the great recession,The Financial Crisis Inquiry Commission (FCIC), the committee which investigated the causes of the crisis, concluded that it could have been averted. Such conclusion has implications of large proportions. Mainly, our way of managing our financial…CONTINUE READING