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Central Bankers, Modern Day Witchdoctors by Pater Tenebrarum

In “Central Bankers, Modern Day Witchdoctors” Pater Tenebrarum of Acting Man Blog points out the desperate measures of the mainstream media to propagate faith in central banking. Central banks are...

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Pater Tenebrarum’s Critique of Monetary Central Planning

Once again, Pater Tenebrarum of Acting Man blog pens a devastating critique of monetary central planning (aka central banking). ‘No-one would ever think of complaining about the fact that innovations...

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ECB decision: Unnecessary, ineffective but further entrenching bad habits by...

“ECB decision: Unnecessary, ineffective but further entrenching bad habits” is the title of another good article by Schlichter. Here, he points out the absurdity of “months of whinging and whining by...

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A Case for Monetary Independence by Lucas M. Engelhardt

Engelhardt wrote an interesting analysis of possible monetary arrangements: Fully Dependent National Central Banks, Independent National Central Banks, Independent, Discretionary, International Central...

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Pater Tenebrarum on China’s Banking System

Pater Tenebrarum of Acting Man blog wrote some interesting remarks about the workings of China’s banking system. China’s Reserve Requirements Yahoo Finance informs us about the ostensible “reason”...

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Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse by...

“Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse” is an excellent summary of what constitutes sound (ethical) versus unsound (unethical) banking. ‘You’re likely thinking that a...

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The “War on Cash” Migrates to Switzerland by Pater Tenebrarum

“The “War on Cash” Migrates to Switzerland” relates a text book example of the problems of interventionism. In “Interventionism and Positive Feedback Loops” I stated: ‘It occurred to me that economic...

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The Swiss Consider a National Referendum on Fractional Reserve Banking by...

‘You may have heard about the Swiss referendum to end fractional reserve lending by Swiss commercial banks. It’s a fascinating development, and another example of how average Swiss people can use the...

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The Central Planning Mindset Has Won by Paul-Martin Foss

‘If you thought the Soviet Union’s collapse meant the end of central planning, you were wrong. Central planning is alive and well. In fact, it’s even stronger now than it was during the Soviet Union’s...

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The Path to the Final Crisis by Pater Tenebrarum

‘… negative interest rates could not exist in an unhampered free market. They are an entirely artificial result of central bank intervention. The so-called natural interest rate is actually a...

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