From Bonner & Partners Investor Network (USA) –
What really causes economic booms and busts? Would having competing private currencies be a better deal than being forced to use a government-issued currency? Are offshore tax havens really bad for the global economy?
This month, I talked to the president of the Vienna, Austria-based Friedrich August v. Hayek Institut, Dr. Barbara Kolm, about how a return to free-market principles could lift the world economy out of its current slump.
Dr. Kolm explained why ultra-low and negative interest rates have little to do with the Main Street economy and a lot to do with bailing out indebted governments.
She also explained the real reason governments are coming after your cash… and why the European Union is unlikely to be around 10 years from now.