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Why the Deflationists' Argument Is Wrong in Both Theory and ...

Why the Deflationists' Argument Is Wrong in Both Theory and ... | Austrian economics | Scoop.it
Gary North is the author of Mises on Money. He is also the author of a free 20-volume series, An Economic Commentary on the Bible.
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Austrian economics
The Austrian School of Economic Thought
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Presenting The Shocking Source Of US Treasury Demand In The Past Year | ZeroHedge

Presenting The Shocking Source Of US Treasury Demand In The Past Year | ZeroHedge | Austrian economics | Scoop.it

Fascinating piece from Tyler Durden. Here's the beginning of his article on ZeroHedge. Click through for the rest and the graphs:

 

"When one thinks US Treasurys, and demand thereof, two entities pop into mind: the Federal Reserve, which over the past 3 years has been the biggest institutional buyer of US paper, and China, which is the largest foreign holder of US TSYs. Yet over the past year something curious happened: when it comes to setting marginal demand for US Treasurys, it was neither the Fed, whose sterilized Operation Twist has kept its holdings of US Tsys relatively flat, nor China, which has actually been a major seller of US paper, that has been the dominant source of marginal demand for Uncle Sam's never to be repaid obligations. Japan.

 

"That's right, as the chart below shows using TIC data, even as China was quietly selling its paper (and that accounts for UK holdings, aka Chinese offshore operations) in the beginning of the year, taking its total from over $1.3 trillion to $1.15 trillion in December, where it has stayed without moving at all in 2012 as China entered a buyer's strike mode, it was Japan who quickly stepped in to fill the void. And what a void it has filled. According to TIC data, Japanese holdings of US paper have soared from $882 billion in June 2011 to a whopping $1119 billion a year later. In the process the spread between Chinese and Japanese holdings of US TSYs has collapsed from $430 billion to a tiny $43 billion and at this rate Japan will overtake China as the top foreign holder of US paper within 3-4 months! ..."


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Rescooped by Robert Blumen from Gold and What Moves it.
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The Fiat World - The Dollar Vigilante Blog -

The Fiat World - The Dollar Vigilante Blog - | Austrian economics | Scoop.it

Jeff Berwick writes:

 

"... the very fact that all the gold is gone from backing all the currencies - and even from the Olympic medals - and that people think gold colored plastic credit cards are actually something with which to impress others... are signs that we are nearing The End Of The Monetary System As We Know It (TEOTMSAWKI)."


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Newsalert: An Investor's Introduction to Austrian Economics (by ...

Organized Crime...Other Politically Incorrect matters of interest. Tuesday, August 14, 2012. An Investor's Introduction to Austrian Economics (by Murray N. Rothbard) · The Mises Institute. Posted by Steve Bartin.
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Why the Deflationists' Argument Is Wrong in Both Theory and ...

Why the Deflationists' Argument Is Wrong in Both Theory and ... | Austrian economics | Scoop.it
Gary North is the author of Mises on Money. He is also the author of a free 20-volume series, An Economic Commentary on the Bible.
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Rescooped by Robert Blumen from Gold and What Moves it.
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A gold backing for China's renminbi? | MINING.com

A gold backing for China's renminbi? | MINING.com | Austrian economics | Scoop.it

Michael Allan McCrae writes:

 

"Some central bankers may be listening to Ron Paul after all.

 

"China, which will soon be the world's biggest economy, is rumoured to be thinking about backing its renminbi with gold, according to a post by Mountain Vision. ..."


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Presenting The Shocking Source Of US Treasury Demand In The Past Year | ZeroHedge

Presenting The Shocking Source Of US Treasury Demand In The Past Year | ZeroHedge | Austrian economics | Scoop.it

Fascinating piece from Tyler Durden. Here's the beginning of his article on ZeroHedge. Click through for the rest and the graphs:

 

"When one thinks US Treasurys, and demand thereof, two entities pop into mind: the Federal Reserve, which over the past 3 years has been the biggest institutional buyer of US paper, and China, which is the largest foreign holder of US TSYs. Yet over the past year something curious happened: when it comes to setting marginal demand for US Treasurys, it was neither the Fed, whose sterilized Operation Twist has kept its holdings of US Tsys relatively flat, nor China, which has actually been a major seller of US paper, that has been the dominant source of marginal demand for Uncle Sam's never to be repaid obligations. Japan.

 

"That's right, as the chart below shows using TIC data, even as China was quietly selling its paper (and that accounts for UK holdings, aka Chinese offshore operations) in the beginning of the year, taking its total from over $1.3 trillion to $1.15 trillion in December, where it has stayed without moving at all in 2012 as China entered a buyer's strike mode, it was Japan who quickly stepped in to fill the void. And what a void it has filled. According to TIC data, Japanese holdings of US paper have soared from $882 billion in June 2011 to a whopping $1119 billion a year later. In the process the spread between Chinese and Japanese holdings of US TSYs has collapsed from $430 billion to a tiny $43 billion and at this rate Japan will overtake China as the top foreign holder of US paper within 3-4 months! ..."


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Mises Calculation Argument Explained

Mises Calculation Argument Explained | Austrian economics | Scoop.it
Mises' Calculation Problem, in Simple Language, Part Two. Posted by Smiling Dave. Part one is Here. We'll slide into Part Two by pointing out some deep mysteries of prices and profits. Let's take them one at a time: Price.
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Malaysia - PEMANDU will be defeated by complexities of modern economies, says REFSA @ Thu Aug 09 2012

Malaysia -  PEMANDU will be defeated by complexities of modern economies, says REFSA @ Thu Aug 09 2012 | Austrian economics | Scoop.it
KUALA LUMPUR, Aug 9 — PEMANDU is “failing” because modern economies are too complex for central administration by a single agency, the Research for Social Advancement (REFSA) think-tank… (RT @irenemedy: I hope Pemandu boss and his staffs will spend...
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