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Turning central bankers into flying ponies

Saturday, 17 May 2008 by Mike Gogulski
economics, mind control | 3 Comments »

Slovakia's adoption of the euro on 1 January 2009 has been more or less a foregone conclusion in the country for some years already. In an apparent effort to squelch any remaining euroskepticism among the warier segments of the Slovak population, ...

$95.6 million for a beer, the price of central banking in Zimbabwe

Thursday, 15 May 2008 by Mike Gogulski
economics | 1 Comment »

From the Independent Institute blog: [caption id="" align="alignnone" width="360" caption="Z$1.2 billion dinner check from Zimbabwe "][/caption] Ah, good old hyperinflation. Reminds me of a couple of old banknotes I keep lying around for fun: [caption id="" align="alignnone" width="300" caption="One hundred million billion pengő, ...

Police to Pursue Pricing

Wednesday, 14 May 2008 by Mike Gogulski
economics | 2 Comments »

Last week, Slovakia received its anticipated green light from the European Commission to adopt the euro. Speculation has been widespread in the country that joining the common currency will lead to increases in real consumer prices, as it has in ...
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