Antal E. Fekete

Contributor since: 26 Feb 2010

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• A Critique Of The Quantity Theory Of Money

  Published 12 April 2009 | viewed 7,237 times

  Further evidences of the onset of Great Depression II In my previous paper The Revisionist Theory and History of Depressions I argued that persistently falling…

• The Marginal Productivity of Debt

  Published 30 March 2009 | viewed 6,375 times

  Why Obama's Stimulus Package Is Doomed to Failure Paper mill on the Potomac The paper mill on the Potomac is furiously spewing up new money.…

• There Is More Where This Gift Has Come From

  Published 21 March 2009 | viewed 4,822 times

  On Wednesday, March 18, another handsome gift was delivered by the Fed to the bond bulls. It was the announcement that the Open Market Committee…

• That Accursed Propensity To Save

  Published 08 March 2009 | viewed 5,081 times

  "Thank Heaven for little Keynesian Nobel laureates... without them what would little Keynesian Treasury secretaries do?..." At the long last we got the official explanation…

• Iron Law Of The Burden Of Debt

  Published 04 March 2009 | viewed 4,884 times

  In my article Growth and Debt: Is There a Trade-off? (http://www.safehaven.com/showarticle.cfm?id=12584, February 12, 2009) I have stated the "Iron Law of the Burden of Debt":…

• Growth And Debt: Is There A Trade-Off?

  Published 12 February 2009 | viewed 4,739 times

  The Big Fix The Obama administration apparently believes in a trade-off between growth and debt. It wants to stimulate fast growth and is willing to…

• Open The Mint To Gold!

  Published 11 January 2009 | viewed 5,164 times

  Could a Private Firm Force the Government to Do It? How to rebuild the shattered credit system People ask: "Isn't the Mint already open to…

• An Unhappy New Year

  Published 31 December 2008 | viewed 6,919 times

  An unhappy anniversary Another forgotten anniversary that haunts the nation is the re-establishment of the gold standard in the United States by the Roosevelt administration…

• Forward Thinking On Backwardation

  Published 20 December 2008 | viewed 5,067 times

  In an earlier article Backward Thinking on Backwardation I explained that backwardation in gold is the flipside of the phenomenon of a drastic contraction of…

• Backward Thinking on Backwardation

  Published 18 December 2008 | viewed 4,401 times

  On Monday, December 15, backwardation on gold was still in force at an annualized discount rate that narrowed to 1.55% in the December contract, but…

• Backwardation That Shook The World

  Published 14 December 2008 | viewed 8,567 times

  On Friday, December 12, backwardation on gold was still in force at an annualized discount rate hovering around 2% in the December contract, and 0.3%…

• There Is No Fever Like Gold Fever

  Published 10 December 2008 | viewed 8,033 times

  Here is an update on the backwardation in gold that started on December 2 at an annualized discount rate of 1.98% and 0.14% to spot…

• Red Alert: Gold Backwardation!!!

  Published 05 December 2008 | viewed 19,853 times

  December 2, 2008, was a landmark in the saga of the collapsing international monetary system, yet it did not deserve to be reported in the…

• Thou Shalt Not Crucify Labor On This Cross Of Paper Money

  Published 27 November 2008 | viewed 5,194 times

  A Message To American Labor Leaders The "crime of 1873" My title is a paraphrase of the 1896 battle-cry of William Jennings Bryan during his…

• Monetary Reform: Gold And Bills Of Exchange

  Published 07 November 2008 | viewed 4,170 times

  Address before the Civil Society Institute at Santa Clara University November 3, 2008 Introduction The Great Depression of the 1930's was not due to the…

• The Mechanism Of Capital Destruction

  Published 18 October 2008 | viewed 7,931 times

  Address at the Annual Dinner of the Committee for Monetary Research and Education, CMRE on October 16, 2008 New York City Madam President, Ambassador Middendorf,…

• Troubled Ass Relief Program (Tarp)

  Published 10 October 2008 | viewed 4,149 times

  As the precipitous drop of the Dow Jones index of industrial stocks to the 8600 level on Thursday shows, the $700 billion bailout is an…

• The Gold Standard Strikes Back... Part 2

  Published 02 October 2008 | viewed 4,669 times

  ...WITH A 36-YEAR LAG (Part 2 of 2) The way to resolve the credit crisis: Recapitalize the banks with gold Privatizing profits, socializing losses The…

• The Gold Standard Strikes Back...

  Published 24 September 2008 | viewed 6,709 times

  ...With A 36-Year Lag (Part 1 of 2) "Two legs bad, four legs good!" There were two main direct assaults on the gold standard by…

• Has Hedging Killed the Goose that Was to Lay the Golden Egg?

  Published 15 September 2008 | viewed 4,199 times

  Second, Concluding Part Introduction The English language apparently doesn't have words forceful enough to describe the pig-headed and ham-handed approach of the gold mining industry…