BankNotes Archive – February 2016
BankNotes Articles from February 2016
Why the NNI?
Carlos Lara and Robert P. Murphy At the February 2013 IBC Think Tank, the Infinite Banking Institute was launched. It was not a brand new entity, but instead it marked a more formalized structure through which Nelson Nash’s Infinite Banking Concept (IBC) could be communicated to the general public and … Read more
Read MoreIs the Auto Loan Bubble Ready to Pop?
JANUARY 11, 2016 — Tommy Behnke On Tuesday, it was announced that over seventeen million new vehicles were sold in 2015, the highest it’s ever been in United States history. While the media claims that this record has been reached because of drastic improvements to the US economy, they are … Read more
Read MoreWhy Capitalists Are Repeatedly “Fooled” By Business Cycles
DECEMBER 21, 2015 — Frank Shostak According to the Austrian business cycle theory (ABCT) the artificial lowering of interest rates by the central bank leads to a misallocation of resources because businesses undertake various capital projects that — prior to the lowering of interest rates — weren’t considered as viable. … Read more
Read MoreIn a Post-Boom World, Auto Prices Will Fall
JANUARY 19, 2016 — Patrick Barron It seems that each new bubble brings forth claims that, although the bubble may be the result of artificially created demand, prices of this or that product will not fall and may even continue to rise. How many so-called real estate and financial planning … Read more
Read More