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Lessons on inflation from the past

  This article examines two inflationary experiences in the past in an attempt to predict the likely outcome of today’s monetary policies. The German hyperinflation of 1923 demonstrated that ... Read More

China is killing the dollar

  In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of ... Read More
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Big banks moved trillions despite knowing money was illegal; FinCEN

Leaked documents reveal major flaws in the global effort to curb money laundering. Major international banks are in hot waters again. Confidential documents leaked to journalists show that some of ... Read More

Inflation, deflation and other fallacies

  There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and ... Read More
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Gold prices rebounded from a near two-week low hit; Silver fell 0.8%

Gold prices rebounded from a near two-week low hit earlier on Tuesday, after a sell-off in stock markets prompted investors to seek refuge in the safe haven metal. Spot ... Read More
european stocks

Here we go again

For the past few years, the US financial system and the Fed have been playing a game of chicken in which the Fed tries to tighten (or at least ... Read More

Unemployment rate in Euro area increased

In July 2020, a month marked by some relaxation of COVID-19 containment measures in many Member States, the euro area seasonally-adjusted unemployment rate was 7.9%, up from 7.7% in ... Read More

A critique of modern socialism

  Socialism has moved on from the Marxist version of the state owning the means of production to one whereby production remains in the hands of individuals but are ... Read More
Colored Diamonds

Fancy Color Diamond Index (FCDI) tracks changes in yellow, pink and blue stones

Sales of fancy color diamonds have again been too slow for trade body the FRCF to produce a quarterly price index. But it says it can see signs of ... Read More

Annual inflation up to 0.4% in the euro area; The highest and lowest annual rates

In July 2020, a month in which COVID-19 containment measures continued to be lifted, the euro area annual inflation rate was 0.4% in July 2020, up from 0.3% in ... Read More
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