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20.08.26 - 14:01
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Argentina′s Monetary Policy Reveals Germany′s Loss of Control (ZeroHedge)
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Argentina's Monetary Policy Reveals Germany's Loss of Control
Submitted by Thomas Kolbe
Javier Milei is a politician who was trained along the lines of the Austrian School of Economics. For him, the maxim coined by Ludwig von Mises applies: inflation is always and everywhere a monetary phenomenon.
In other words: artificial expansion of the money supply leads to price increases – in different ways. Newly created, unbacked credit, as it is inherent in the fiat money system, can initially manifest itself in asset prices depending on the structure of an economy, for example in a rising gold price. Once this credit becomes effective on the demand side, it can lead to broad-based increases in the prices of goods – and that is when consumers feel it in their wallets. At this point, monetary policy in the fiat system becomes unpleasant for consumers.
We experienced this phenomenon in extenso during the Covid lockdowns. At the time, governments delighted their citizens with so-called “Stimmy C...
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18.08.26 - 04:27
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Peter Thiel Makes $76 Million Bet On Argentina′s Top Shale Exporter Amid Milei Reforms (ZeroHedge)
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Peter Thiel Makes $76 Million Bet On Argentina's Top Shale Exporter Amid Milei Reforms
Vista Energy SAB's American depositary receipts are up 5% Monday on news that Peter Thiel's hedge fund disclosed a $76 million stake in Argentina's largest oil exporter.
Thiel Macro LLC reported owning almost 1.2 million shares of Vista at the end of the second quarter, valued at about $76 million. This was the fund's second-largest disclosed holding after Amazon.
Thiel, the co-founder of Palantir and PayPal, has deepened his ties to Argentina. He recently bought a home in Buenos Aires and met President Javier Milei in April, fueling speculation about increased investment in the country, which is undergoing a radical shift from failed socialism toward free-market capitalism.
Vista Energy is a Mexico-incorporated independent producer focused almost entirely on Argentina's Vaca Muerta shale formation. Latest data show that the formation's combined oil and natural gas output has surpassed 1 million barre...
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15.08.26 - 10:45
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Argentiniens Geldpolitik enthüllt deutschen Kontrollverlust (Tichys Einblick)
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Javier Milei ist ein Politiker, der entlang der Leitlinien der österreichischen Schule der Nationalökonomie gedrillt wurde. Für ihn gilt das von Ludwig von Mises geprägte Mantra, dass Inflation stets und überall ein monetäres Phänomen ist. Das bedeutet, dass die künstliche Expansion der Geldmenge, auf unterschiedliche Weise, zu Preissteigerungen führt. Neu geschaffener, ungedeckter Kredit, wie er
Der Beitrag Argentiniens Geldpolitik enthüllt deutschen Kontrollverlust erschien zuerst auf Tichys Einblick....
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