Antal E. Fekete

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• Remobilize Gold to Save the World Economy!

  Published 24 September 2010 | viewed 0 times

  An open letter to Paul Volcker, Chairman of the Board of Governors of the Federal Reserve, 1979-1987; Chairman of President Obama's Economic Recovery Advisory Board,…

• Where Krugman Went Wrong

  Published 12 September 2010 | viewed 0 times

  Position papers of professorfekete #7, September 10, 2010 Paul Krugman, writing in The New York Times on September 5 under the title "1938 in 2010",…

• Gold Basis Screwed

  Published 26 July 2010 | viewed 0 times

  Position papers of Professor Fekete #6, July 28, 2010. Who needs a thermometer to know that the heat-wave is on? Fofoa has just published another…

• Real Bills Revisited

  Published 24 July 2010 | viewed 0 times

  Position papers of Professor Fekete #4, July 25, 2010. Adam Smith in his Wealth of Nations worked out the foundations of a second type of…

• Floating Exchange Rates: Scheme to Embezzle the Dollar Balances of Surplus Countries

  Published 05 July 2010 | viewed 0 times

  Summary Milton Friedman's theory of floating exchange rates, on which the international monetary system has been based since 1971, has given rise to a coercive…

• Architecture For a New World Financial System

  Published 22 June 2010 | viewed 0 times

  An adaptation of the keynote address delivered at the European BANKERS Symposium June 9 - 10, Hall in Tirol, Austria Historical background The Symposium was…

• What You Always Wanted To Know About Gold*

  Published 07 June 2010 | viewed 0 times

  The following is a transcript of an interview requested by a gold-friendly hedge fund. Q.: Professor Fekete, you are known as a staunch advocate of…

• Hyperinflation or Hyperdeflation?

  Published 11 May 2010 | viewed 0 times

  The Quantity Theory of Money James Turk's article Hyperinflation Looms dated April 20, 2010, is based on Quantity Theory of Money (QTM). It draws an…

• The Hungarian Connection

  Published 11 May 2010 | viewed 0 times

  The Austrian School of Economics dates its beginnings back to the publication in 1871 of a slender volume: The Principles of Economics (Grundsätze der Volkwirtschaftslehre)by…

• Hedging Non-Gold Investments With Gold

  Published 19 February 2010 | viewed 2,968 times

  An Address CARA Bahamas Conference Freeport, Grand Bahama Januray 17, 2010 Ladies and Gentlemen: The cliché that the present credit collapse is "the greatest financial…

• There is No Business Like Bond Business

  Published 09 February 2010 | viewed 3,690 times

  Front-Running the Fed in the Treasury Market Introduction For some nine years I have been predicting that the economy is going to a recession morphing…

• Economic Aspects of the Pension Problem: Part II

  Published 08 January 2010 | viewed 3,075 times

  As It Appears Sixty Years Later In Two Parts. Part Two: Productivity Revisited In Part One I discussed the clear and present danger to pension…

• Economic Aspects Of The Pension Problem

  Published 03 January 2010 | viewed 5,250 times

  As It Appears Sixty Years Later In Two Parts. Part One: Euthanasia of the Pension Funds On February 23, 1950, The Commercial and Financial Chronicle…

• Forgotten Anniversary: One Hundred Years of Legal Tender

  Published 30 October 2009 | viewed 4,194 times

  An Address at a Fund-Raising Dinner for the benefit of the Ficino School, Auckland, New Zealand October 28, 2009 The year 2009 will most likely…

• The Gold basis is Dead - Long Live the Gold Basis!

  Published 18 October 2009 | viewed 6,219 times

  Fool's gold basis A year ago I conducted a Seminar on the gold basis and backwardation in Canberra, Australia. I suggested to my audience that…

• The Supply of Oxen at the IMF

  Published 30 September 2009 | viewed 4,076 times

  Some years ago I penned a paper with the title "The Supply of Oxen at the Fed". I am indebted to Alan Greenspan for a…

• Has Barrick Been Barricked by the U.S.?

  Published 10 September 2009 | viewed 4,511 times

  According to an announcement dated September 8, 2009, Barrick is going to throw into the dustbin its long-standing hedge policy, and pay for buying back…

• Gold Is Pale Because It Has So Many Thieves Plotting Against It

  Published 28 August 2009 | viewed 4,090 times

  * The title is a quotation from Diogenes Laertius (fl. 2nd century A.D.) This was the favorite quotation of the late Chicago economist and gold…

• Fiat Money in Death Throes

  Published 05 July 2009 | viewed 6,921 times

  "Banking was conceived in iniquity and born in sin. The Bankers own the earth. Take it away from them, but leave them the power to…

• Falsifying Bank Balance Sheets

  Published 27 April 2009 | viewed 5,164 times

  Our title is borrowed from a caption of the Chicago economist and monetary scientist Melchior Palyi (1892-1970) writing on the fiscal and monetary legerdemain of…