-
While German inflation is 2% (Germany is the engine of Europe) http://www.global-rates.com/economic-indicators/inflation/consumer-prices/cpi/germany.aspx More inflation data here: http://www.global-rates.com/economic-indicators/inflation/inflation.aspx (Not on the list) Maltese inflation is 4.4% and...
-
Nixon closed the gold window on august 15 1971. After this point there was no tie remaning whatsoever between gold and banknotes. According to Austrian economics, gold imposes a certain discipline on politicians. When this discipline is removed, they are expected to be as indiscreet as possible. This...