Monetary Policy and National Defense

This article will discuss the relationship between the monetary policy of a nation and its national defense. There is a relationship between economic policy and national defense. In particular, a government must ensure a strong and stable national currency in order for defense spending to be effective. When a country’s central bank prints money or … Read more Monetary Policy and National Defense

US Senate: Chairman Carper statement on the unveiling of the so-called “Silk Road 2.0” website

[From John: This article shows that political reform which reduces regulation on technology may be politically feasible in the not so far future! Even so, the lobbying approach is not a particularly good approach. I advocate a balanced approach of trying for political reform on the one hand and looking for ways to creatively get … Read more US Senate: Chairman Carper statement on the unveiling of the so-called “Silk Road 2.0” website

Calling Didier’s Economic Bluff

Tldr – While Didier’s talk is interesting, he fails to sufficiently defend or even describe his methodology. There is a great debate in economics about the ability to control economic systems. The Austrian, Classical and Free Market views emphasize that markets are not fully controllable. These views are opposed by Neokeynesianism which, while allowing that … Read more Calling Didier’s Economic Bluff

Trading the News and Bitcoin

In mid December I invested in Bitcoins. In the past month they have jumped from #13.3 to $14.2 each in value according to this reliable source. This is not just volatility in my view. It is part of a longer term trend. Why? That’s what this article is about. In foreign exchange, which I have … Read more Trading the News and Bitcoin