When people today talk about the cost of money, what they are generally referring to is the interest rate charged by lenders for
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Money-Pumping Myths, Japan Edition
Due to the unprecedented amount of assets purchased as part of the Bank of Japan’s various “QE” programs over the last two decades,
Continue readingA History of Financial Crisis
We live in a world which is today dominated by the unending and increasingly violent cycles of economic booms followed by their subsequent
Continue readingForecasting the Boom-Bust Cycle
The Theory At the very core of Austrian Business Cycle Theory (ABCT) lies the central tenant that the artificial manipulation of the interest
Continue readingThe Great Canadian QE Myth – Part 3
While the previous post in this series had originally been intended to serve as the final article of a two-part series concerning QE in Canada,
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