It is interesting to see how legislation such as the Basel accords, designed to limit the risk of a banking crisis, in reality only shifts the risk. How is it possible that regulators are actually encouraging risk, rather than reducing it?
... »Are Regulators Encouraging a Financial Bubble?
November 24 2015
Olav Dirkmaat
Why Our Monetary System Is Flawed
November 19 2015
Many economists fail to understand that money is not "neutral." Changes in the supply of money, or it the demand for it, do have major economic consequences; they do not merely lead to a higher or lower price level, but also to misallocations of capital and economic depressions.... »
Olav Dirkmaat
Fed Up with Low Interest Rates?
November 16 2015
There’s no shortage of savings accounts, but interest payments are nowhere to be found. I face the ugly truth almost every week: yet another email that the yield on my savings account has been "adjusted" (and guess what that means!). It seems I should consider myself lucky to receive a mere 1%
... »Olav Dirkmaat
Every Investor Should Know This Statistic
November 10 2015
Old market wisdom tells us to "buy the dips." And most say that stock prices usually rise, apart from some unexpected 'shocks.' However, this presents a distorted view of how the markets truly work. What is the truth?... »
Olav Dirkmaat
