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Olduvai III: Catacylsm
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Unaware and Misinformed–Exactly How They Like Us

UNAWARE AND MISINFORMED – EXACTLY HOW THEY LIKE US I should start this out with a disclaimer. I worked as a financial planner and stock broker for 25 years and really didn’t begin to grasp the true mechanics of the financial system until nearly 10 years in. It took even longer for the magnitude of […]

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George Friedman: Italy Is the Mother of All Systemic Threats

George Friedman: Italy Is the Mother of All Systemic Threats Italy has been in a crisis for at least eight months, though mainstream media did not recognize it until July. This crisis has nothing to do with Brexit, although opponents of Brexit will claim it does. Even if Britain had voted to stay in the EU, […]

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Hillary’s Scary New Cash Tax

Hillary’s Scary New Cash Tax     Have you heard of “negative interest rates”? It’s become a phenomenon with economists and the media. There’s a good chance you’ve read an article about it. We’ve covered it many times in the Dispatch. I’m writing to tell you something about negative interest rates you haven’t heard. You certainly […]

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The Banking System Can’t Lend Out Reserves, But a Bank Can – Ludwig von Mises Institute Canada

The Banking System Can’t Lend Out Reserves, But a Bank Can – Ludwig von Mises Institute Canada. This post will seem simple to some, but I want to correct a slight confusion I’ve seen over the last several years in the economics blogosphere. (I was motivated to write because of an exchange with Nick Freiling, who […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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