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Mises SA Articles- Say’s Law, Credit Expansion & the Business Cycle March 14, 2014
- Don’t Stop Til You Get Enough December 5, 2013
- Eersteklas ekonomiese satire: Die Petisie van die Kersmakers November 25, 2013
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Fraud. Why the Great Recession?
Watch this crowdfunded documentary produced by Austrian school economist Jesus Huerta de Soto, author of "Money, Bank Credit, and Economic Cycles," on what caused the Great Recession. Click to watch it free online.
Tag Archives: gold
The SA Reserve Bank’s record
I dusted off this piece I did a year ago on chrislbecker.com where I assessed the SARB’s performance in accordance with its own prescribed legislative mandate. The results are dismal to say the least. I conclude, Not only has the Reserve Bank failed at each … Continue reading
Posted in Russell Lamberti
Tagged central bank, gold, gold standard, inflation, monetary policy, monetary system, SARB
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The Declining Relevance of Fractional Reserve Banks
Here is a fascinating article on Wired about the declining influence and relevance of fractional reserve commercial banks on the lives of individuals. It argues that banks will one day look more like Google, Facebook, or Apple. Interesting about this … Continue reading
Posted in Chris Becker
Tagged banking crisis, central bank, fractional reserve banking, gold, inflation
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How to Fix Greece in 7 steps
My article is posted over at Mises.co.za. I argue that Greece needs to: Abolish legal tender law Liquidate state assets for gold Back fractional bank deposits with the proceeds End all state services Repudiate the national debt Deregulate arms and private … Continue reading
Rothbard on trade and money
In light of my points regarding money creation, trade and exchange rates, here is one of the masters explaining the process. This excerpt is taken from The Mystery of Banking by Murray Rothbard, pages 120-123. Find the free PDF here … Continue reading
Posted in Uncategorized
Tagged business cycle, fractional reserve banking, gold, inflation, mises, Ricardo, Rothbard, trade
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Re: Bloomberg Does Not Understand the Gold Standard
Following on from Chris’ post, it is amazing how little understanding there is of a gold standard. For one, the term as it’s traditionally applied still implies government control over the money supply -the worst thing. Secondly, such “standards” can ‘work’ … Continue reading
For Real?
From the FT: Reagan also set up a gold commision. Nothing changed. But that was then, this is now. The real questions are: Is this just placating Ron Paul supporters at the GOP convention? Possibly. Do we really want a … Continue reading
A good take on Brown’s Bottom
Why did Gordon Brown sell so much of the UK’s gold at firesale prices? Were the gold sales really part of an elaborate bank rescue act? Thomas Pascoe at The Telegraph thinks so. Revealed: why Gordon Brown sold Britain’s gold at a … Continue reading