Articles related to Germany
 
Eugen Von Böhm-Bawerk - Mises.org
Our Passive Trade Balance
Editor's Note: Published in January 1914 in Neue Frei Presse,"Our Passive Trade Balance" (“Unsere passive Handelsbilanz”) would prove to be Eugen von Böhm-Bawerk's last publication before his death. Ludwig von Mises mentions the article in an essay written after Böhm-Bawerk's death, but to our knowledge, this is the first time the essay has appeared in English. Nathan Keeble located a scan of the article posted by the Austrian National Archives. Translation by Kai Weiss.]As is well known, the t
Saturday, December 19, 2020
Charleston Voice
Kindergarten’s Socialist Origins 
Jr. Most schools today, both public and private have kindergartens. They have become an accepted part of educational life in this country and others as well. This was not always so. When I first attended public school, way back in the mid-1940s, there was no kindergarten where I went. Although some schools undoubtedly had them, all schools did not. They had not become totally entrenched, although their promoters had been working on that project with
Thursday, December 17, 2020
Benjamin Constant
On the Liberty of the Ancients Compared with that of the Moderns
He loved liberty as other men love power," was the judgment passed on Benjamin Constant by a 19th-century admirer. His great public concern, all throughout his adult life, was the attainment of a free society, especially for his adopted country, France; and if a (by no means uncritical) French commentator exag
Saturday, November 28, 2020
Mickey Fulp - Mercenary Geologist
The Never-Ending Wars of the United States of America
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefi
Monday, November 23, 2020
Thorsten Polleit
November 15, 1923: The End of German Hyperinflation 
On 15 November 1923 decisive steps were taken to end the nightmare of hyperinflation in the Weimar Republic: TheReichsbank, the German central bank, stopped monetizing government debt, and a new means of exchange, theRentenmark, was issued next to thePapermark (in German:Papiermark). These measures succeeded in halting hyperinflation, but the purchasing power of thePapermark was completely ruined.
Sunday, November 22, 2020
Nathan Lewis - New World Economics
God, Gold and Guns
We’ve been looking into One Nation Under Gold (2017), by James Ledbetter. October 2, 2017: One Nation Under Gold (2017), by James Ledbetter October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present. The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” that
Saturday, October 24, 2020
Antal E. Fekete - Gold University
The Golden Thorn In The Flesh, Part 2
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Thursday, October 22, 2020
Frederic Bastiat
God Protect Us from Metaphors
A fallacy sometimes expands, and runs through the whole texture of a long and elaborate theory. More frequently, it shrinks and contracts, assumes the guise of a principle, and lurks in a word or a phrase. "May God protect us from the devil and from metaphors!" was the exclamation of Paul-Louis.[1] And it is difficult to say which of them has done most mischief in this world of ours. The devil, you will say; for he has put the spirit of plunder into all our hearts. True, but he has left free the
Saturday, October 17, 2020
Jesse - Le Cafe Américain
The White Rose, In the Land of the Willfully Blind 
This is one of my favorite leaflets from Die Weiße Rose. I enjoy their observation that "German intellectuals fled to their cellars, there, like plants struggling in the dark, away from light and sun, gradually to choke to death." One cannot blame them in some ways, since from the very beginning the National Socialists were backing their words with violent street thugs in brown shirts. And so many among the very wealthy and the highly trained professional classes threw themselves into the arm
Monday, October 5, 2020
Antal E. Fekete - Gold University
The New Austrian School of Economics 
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Saturday, October 3, 2020
Antal E. Fekete - Gold University
The Hungarian Connection 
Gold is the most misunderstood metal in human history, because of the economists' failure to distinguish between its dynamic and static aspects in representing values. Economists have blithely assumed all along that the value of gold is the same whether it flows freely from one hand to the next, or whether the movement of gold is obstructed, in the worst case arrested, by the government (soon to be aped by banks and individuals
Friday, September 25, 2020
Alasdair Macleod - Finance and Eco.
The fiat money quantity (FMQ) 
Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This is
Thursday, September 17, 2020
Gerard Jackson - Brookes News
How the Laffer curve really works 
Kennedy declared that “it is a paradoxical that tax rates are too high and tax revenues too low”. In other words, high taxes were depressing output. Acting on this belief — what so many today sneeringly call supply-side economics — he cut taxes in 1963 and investment surged ahead. In the four years preceding the Kennedy cuts only 27.8 per cent of what is termed investment went to business and 38.5 per cent to real estate.
Wednesday, September 16, 2020
Charleston Voice
FOMC Minutes from 1967 Illuminating Central Bank Gold Price Suppression, Market Manipulations
The issue before us here is not so much the mechanics of deception, but the tenacity and conviction of the banking cartel to use any means to protect themselves.
Monday, September 14, 2020
Food for thought
How to Get people into wars : Herman Goering 
Please recall whatReichsmarschall Hermann WilhelmGöring (his name is also spelled as Hermann Goering) Nazi founder of the Gestapo, Head of the Luftwaffe, said at the Nuremberg Trials. Here is a clip of theinterview in Goering's cell in prison, after the war. Göring: Why, of course, the people don't want war.
Wednesday, September 2, 2020
Jeff Clark - Casey Research
  Does Gold Keep up in Hyperinflation  
Inflation is anatural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors,we'd like to know if the precious metals would keep pace in this extreme scenario. Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? PhilipCagan, one of the very first researchers of this phenomenon, defines hyperinflation as "an inflation rate of 50% or more in a single month, "something largely inconceivable to the average investor.
Wednesday, August 19, 2020
Antal E. Fekete - Gold University
When Mises Went Wrong
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Tuesday, August 4, 2020
Hyperinflation - USA Gold
  The Nightmare German Inflation 
Hey, Mr. Chairman, in case you haven't noticed, the Federal Reserve already has a goodly supply of oxen! My father was fond of relating a story about a professor lecturing on geography. A short fellow, he was extolling the agriculture of Switzerland. "In our country oxen are not even as tall as I am. In some countries you see oxen just as tall as myself. But, believe it or not, on the fat pastures of Switzerland there are even greater oxen than myself". For emphasis the good professor stood on his tiptoes and stretched his hand upwards above his head. "We don't believe so!" - shouted someone from the back benches of the lecture theater.
Monday, July 13, 2020
Antal E. Fekete - Gold University
Second Front In The Gold World
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Monday, July 6, 2020
Charleston Voice
How the Nazis Came to Power: The People Thought They Were Free 
History repeats because human nature remains the same...CV recommended reading by Ron Paul...  An excerpt from They Thought They Were Free The Germans, 1933-45 Milton Mayer, 1955 But Then It Was Too Late "What no one seemed to notice," said a colleague of mine, a philologist, "was the ever widening gap, after 1933, between the government and the people. Just think how very wide this gap was to begin with, here in Germany. And it becam
Monday, July 6, 2020
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