Draghi promete que sus próximos préstamos a la banca llegarán a la ciudadanía

Festival del humor!! El presidente del BCE ha prometido que la ciudadanía se beneficiará de próximas inyecciones de liquidez. La institución ha decidido mantener los tipos. El presidente del Banco Central Europeo (BCE), Mario Draghi, ha dicho este jueves que si se produce una nueva operación de refinanciación a largo plazo se asegurará que se usa para la economía. Draghi señaló en rueda de prensa que … Seguir leyendo Draghi promete que sus próximos préstamos a la banca llegarán a la ciudadanía

Food Poverty In The UK Has Reached “Public Health Emergency” Levels

FoodPovertyInTheUK Has Reached "PublicHealthEmergency" Levels http://feedproxy.google.com/~r/zerohedge/feed/~3/fw_ywAG9iUs/story01.htm SubmittedbyMichaelKriegerofLibertyBlitzkriegblog, This tragic story emanating from the UK just doesn’t seem to go away. Probably because it’s true. The food crisis across the pond first came to my attention in earnest back in October when the Red Cross announced it was set to provide foodaidtotheUKforthefirst time sinceWorldWarII. The latest twist to this unacceptable saga comes via a letter send … Seguir leyendo Food Poverty In The UK Has Reached “Public Health Emergency” Levels

Italia contra su ley electoral: ¿El fin del porcellum?

Italia contra su ley electoral: ¿El fin del porcellum? http://feedly.com/k/1ki65iL La Corte Constitucional Italiana ha declarado oficialmente que su sistema electoral vigente, conocido como porcellum (o Ley Calderoli), va contra de las previsiones de la Carta Magna. Más en particular, tanto el bonus del 50% de escaños como haber abolido el voto preferencial no se ajustan al derecho. Las reacciones no se han hecho esperar. … Seguir leyendo Italia contra su ley electoral: ¿El fin del porcellum?

Bitcoin – A Cost-Benefit Analysis

Bitcoin – A Cost-BenefitAnalysis http://feedly.com/k/19kfpxo David Woo’searlierdiscussionofthe ‘maximum‘ fairvalueforBitcoin, we thought his colleague Ian Gordon’s view on the advantages and disadvantages of the virtual currency were worth noting. Woo believes Bitcoin can become a majormeansofpaymentfor e-commerce and may emerge as a serious competitor to traditional money transfer providers. As a medium of exchange, Bitcoin has clear potential for growth, in his view, but itshighvolatility, a … Seguir leyendo Bitcoin – A Cost-Benefit Analysis

As Fast Food Workers Go On Strike In 100 Cities, Applebees Unveils The “Waiter Terminator”

As FastFoodWorkersGoOnStrikeIn 100 Cities, ApplebeesUnveilsThe "WaiterTerminator" http://feedly.com/k/1d1qYMH Today, in the latest escalation by minimum paid restaurant workers who demand greater wages, Fast-food workers and labor organizers are set to turn out in support of higher wages in cities across the country Thursday and walkouts are planned in 100 cities, with rallies set for another 100 cities. While it’s not clear what the actual turnout will … Seguir leyendo As Fast Food Workers Go On Strike In 100 Cities, Applebees Unveils The “Waiter Terminator”

France Unemployment Surges To 16 Year High

FranceUnemployment Surges To 16 YearHigh http://feedly.com/k/1ga1SQM Europe’s second largest economy and crucial to the core founding partnership of the euro project, France, has seen its unemployment rate rise unceasingly for 9 quarters in a row now. At 11.03%, Frenchunemployment has notbeenhighersince Q3 1997. Of course, President Hollande, despite falling PMIs and rising unemployment is hopeful that things are turning around as he notes, France is … Seguir leyendo France Unemployment Surges To 16 Year High

Bitcoin Tumbles After China Central Bank Bans Financial Companies From Using Digital Currency

BitcoinTumblesAfter China Central BankBansFinancialCompaniesFromUsing Digital Currency http://feedly.com/k/1gGH7tl As we said back in March, when Bitcoin’s parabolic rise first started, it was only a matter of time before first one, then all central banks take on Bitcoin for the simple fact that it present too great a threat to the fiat system. Sure enough, on the chart below of BTC China it is quite clear just … Seguir leyendo Bitcoin Tumbles After China Central Bank Bans Financial Companies From Using Digital Currency

Daniel Kuehn on the Austrian Business Cycle Theory

Daniel KuehnontheAustrianBusinessCycleTheory http://feedly.com/k/18FT7f9 Daniel Kuehn has an important and very interesting paper here on the Austrian business cycle theory (ABCT): Daniel Kuehn. 2013. “Hayek’s Business-Cycle Theory: Half Right,” CriticalReview 25.3–4: 497–529. Three insightful critiques of the ABCT are these: (1) the empirical evidence suggests that business people do not respond to interest rates in the way the ABCT predicts: interest rates do not much affect … Seguir leyendo Daniel Kuehn on the Austrian Business Cycle Theory