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The Daily Bell is a must-read for anyone who wants to understand the effects of the state on our economic future.
GREAT INVESTMENT INFORMATION
I love reading The Daily Bell! Interesting investment information, a political and social viewpoint that lets me know I'm not alone in the world and "annotated" with analysis. I highly recommend it to all interested readers.
The Daily Bell does a remarkable job of exposing how money power uses central banking to crush people into submission via global government with economic and political slavery being the desired end result.
TRUTH AT WORK
There are very few publications out there that have the smarts and guts to tell the truth about the dictatorial forces at work destroying our civilization. Thankfully The Daily Bell is one of them, and it appears in the mailbox every day.
PROFOUND AND PROVOCATIVE
Every day, I rely on the Daily Bell for a different perspective you'll never find in the regular media. It's an analysis and timely insight that is profound and provocative.
SEPARATES WHEAT FROM CHAFF
The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
READ IT EVERY DAY
A defender of free markets, The Daily Bell takes a libertarian approach to expose and unravel global misinformation. Read The Daily Bell – every day!
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
I really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.
I read The Daily Bell every day and I find it very informative.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
The Daily Bell affords an excellent alternative perspective on some of the noise and nonsense of mainstream media. In particular, I enjoy reading Anthony Wile's 'free-market analysis' on current subjects and articles. Very insightful.
CUTTING EDGE ANALYSIS
At a time when growing majorities worldwide are tuning out mainstream news, people are seeking the cutting edge, insightful and thought provoking analysis that The Daily Bell consistently provides.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
GREAT THINKERS YOU CAN'T GET ANYWHERE ELSE
The Daily Bell has revived that great old institution of the personal interview, extracting information from today's great thinkers you can't get anywhere else. Outstanding!
A LEADING LIGHT
The future is created by the people who build it, not the people who predict it will not exist. You can meet lots of important builders by reading The Daily Bell.
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
AHEAD OF THE CURVE
The Daily Bell has come out of nowhere to introduce to the Internet community some of the most intriguing and proactive interviews there are out there. Let's hear it for creativity and being ahead of the curve.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
SOURCES YOU CAN TRUST
The Daily Bell should be on everyone's shortlist of news sources you can trust. It's on mine, and we often refer to it in our own weekly news service at The Reality Zone.
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
There is no other publication in print or on the Internet like The Daily Bell. They have the courage to report the truth and analyze current foreign policy, politics and economic events in the context of a formerly hidden history of financial elites.
MESSAGES OF TRUTH
The Daily Bell website is one of the authentic voices cutting through the clouds of vapid opinion, the morass of mediocre media and the confusion of Orwellian doublespeak. The Bell website lives up to its name, ringing unheard messages of truth in our ears.
The Daily Bell is one of the most innovative and in-depth websites on the Internet. The breadth of the content is awe inspiring and the amount of knowledge imparted is almost impossible to quantify. For me, as a liberty minded seeker of knowledge, it is a must read.
A VIRTUAL WHO'S WHO
The good and the bad, the big dogs and the small, the thinkers and the doers among libertarians and on the "Right" – you can encounter them all in The Daily Bell's exclusive weekly interviews. Indispensable.
NEVER MISS AN ISSUE
I love the Daily Bell. Every issue is principled and informative.
INSIGHT YOU CANNOT IGNORE
The Daily Bell provides unique insights on contemporary political, economic and social problems that can be found in such a concentrated form nowhere else. Whether one agrees or disagrees with it, one cannot afford to ignore it.
PART OF MY DAILY NEWS DIET
I read it every day!
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
GUTS, OBJECTIVITY, WISDOM
Rarely does a publication have the guts and objectivity to tell it like it is, yet the eloquence and wisdom to listen carefully to the ‘other side.’ This is The Daily Bell accomplishing its daily mission.
VOICE OF REASON
I have thoroughly enjoyed the analysis and interviews at The Daily Bell, which has so often been a voice of reason during these perilous times
THE DAILY BELL IS A MUST-READ
Because the world is changing so rapidly, it is difficult to keep up, which means The Daily Bell is a must read. I consider the information critically important reading.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
GREAT JOB, DAILY BELL
I can say that, unlike the mainstream press, The Daily Bell knows the questions to ask and has the chutzpah to ask them. They realize that socialism and Keynesianism are wrecking the world and they are helping to save what is left of liberty and free markets.
INFORMATIVE SOURCE OF INFORMATION
The Daily Bell is an informative source of information and commentary from leading figures in the liberty movement. It's a pleasure to be interviewed alongside far more notable individuals.
Get outside the box with The Daily Bell and experience independent views.
PREMIER FREE-MARKET ANALYSIS
The Daily Bell rings out for liberty every day. It is the premier online source for insightful and hard-hitting free-market analysis and interpretation of economic, political and business events.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
The Bank of England should raise interest rates next week ... Most people that read finance columns have heard of the "natural rate of unemployment", and many will know that the term was introduced by Milton Friedman. But far fewer will know where he got the term. He said himself, in his Nobel Prize lecture, that "The 'natural rate of unemployment' [is] a term I introduced to parallel Knut Wicksell's 'natural rate of interest'". But who was Knut Wicksell and what is the "natural rate of interest" – and does it matter? We shall see that it does indeed matter, and tells us something important about current UK monetary policy and the outlook for the UK economy and George Osborne's chances of delivering his fiscal plans ...Three years, now, at 0.5 percent, and counting. That compares with a natural rate of interest that was about 5 percent when times were better and will be around 3-3.5 percent now. (Essentially, add the 2.5 per cent RPI inflation rate that's about the target to the 1 percent or so sustainable growth rate, and you get a decent guess at the natural rate.) Having interest rates so far below the natural rate damages the sustainable growth rate of the economy. – UK Telegraph/ Andrew Lilico
Dominant Social Theme: We just have to figure out what's natural and then fake it.
Free-Market Analysis: Here comes Andrew Lilico, an economist with Europe Economics, and a member of the Shadow Monetary Policy Committee, according to the UK Telegraph (see article above).
The gibberish contained in the above excerpt is only magnified throughout the article. It is really incredible. What is it about price fixing that such intelligent commentators don't understand?
If you artificially set a price by force – and this is what central banks do – then that price is almost bound to be incorrect. Only the market itself can generate a "natural" rate of interest or determine monetary volume.
That's because the market itself is competitive. The "Invisible Hand" of competition creates naturally fluctuating interest rates and the appropriate volume of money stuff.
This is why monetary competition historically yields up evermore efficient and healthy money. People voluntarily choose the kind of money they want and the volume of money as well.
Within this context, gold and silver have proven to be a historically popular money stuff. Used with each other, gold and silver provide a ratio. If the ratio becomes distorted, people can tell that someone is trying to manipulate the market. This called bi-metalism.
Greenbackerism has made a startling comeback of late, which we have long predicted, citing Ellen Brown's effective boosting of the idea that government ought to have the sole franchise to print money.
But regardless of whether a mercantilist public/private body like the Bank of England or Federal Reserve prints paper-fiat money, or a fully public enterprise, such as those found in India or China, the problem of the natural rate and volume remains. Once human beings arrogate to themselves such decisions, money itself cannot help but be distorted.
Both India and China are now suffering from vigorous price inflation. That's because when human beings have a monopoly of something, it will inevitably be abused. It is impossible to expect mere flesh and blood not to print too much money. Money buys all kinds of fun, especially for those in control of it.
Over time, even within a competitive monetary environment, government eventually prints too much paper money, eventually debasing it. As this paper money became cheapened, people seek not to hold it, and try to get rid of it.
This is why schemes like Greenbackerism tend to lead to government consolidation of money authority. As people reject government money, those in charge gradually mandate its use. Within historical contexts, there tends to be an expansion of force as people are compelled to use what they would otherwise reject.
There are arguments that certain kinds of government monopoly money have proven more effective than other kinds. Ellen Brown, Bill Still and others argue that tally sticks were a wonderfully effective government initiated money that helped England build an empire.
But from our point of view this is perhaps a misreading on several fronts. First of all, there is nothing all that admirable about an empire. Societies tend to flourish, as we have often pointed out, when they are separate and singular but gathered closely together.
This allows people to travel from one place to another nearby place if they are being oppressed. Gradually over time, a culture of freedom is established as governments compete with one another to provide environments that are attractive and laissez faire.
Many great cultures have been established within this context. Rome had its Seven Hills, the Greek Golden Age and the Renaissance had city states, the United States had "these" united States.
Over time, consolidation usually takes place and gradually what was free and innovative becomes less so. Eventually dirigisme and socialism may set in.
Gradually the leaders of the consolidated country begin to become aggressive and to focus on outside threats to distract attention from an increasingly failed society. This is the empire phase.
It is unfortunate that most of history focuses on the "greatness" of empire when in fact, an "empire" is symptomatic of societal sickness not health.
During the tally stick era in Britain, Kings – having access to the money supply – apparently borrowed against the stock of tally sticks considerably for purposes of waging war. Not only that, but as tally sticks were generated to pay taxes, the volume of the money supply was seemingly artificially restricted.
This was great for those who controlled tally sticks – the ruling class – because an artificially restrained money deprived people of capital and likely had a retardant effect on social mobility and individual economic potential. Tally sticks were a perfect money for the elites.
There is seemingly no substitute for competitive money and for the Invisible Hand setting the volume and price of money. In economies that use gold and silver, hoarding and dishoarding sets the price of market money, along, perhaps, with the opening and closing of mines, depending on how much gold and silver is circulating. This is one reason why precious metals have been successful as money throughout history.
In the modern era, central banking has taken over the world – and the result is general catastrophe and ruin. This is only to be expected. It is in fact what those behind the system are intending to create.
The power elite that has seemingly installed modern monopoly fiat money – and the dollar reserve system itself – apparently seeks to build world government. It needs to foment economic turmoil and wars in order to move society toward one-world money.
Central banking is key to this strategy. The more monetary price fixing there is, the more economic chaos and catastrophe takes place. It is a closed loop, a virtuous circle from the power elite point of view.
The elites spend an enormous amount of time trying to justify central bank price fixing. It is one of their biggest dominant social themes – that only a handful of good, gray men can manage the economy and make decisions for everyone else.
Andrew Lilico wants us to believe that central banks ARE capable of mimicking natural rates of money production. In truth, there is no "natural interest rate" or rate of monetary production that human beings are EVER capable of creating.
Even if the top people at these monopoly money banks were capable of figuring out where the price and volume of money could be, there is no guarantee that they would generate the correct prices over time.
They would use their power for their OWN benefit. As indeed they have. We can see it clearly, even today. What misery there is in the world.
Power corrupts, and absolute power corrupts absolutely.