The pound fell sharply against the dollar. EU leaders did not work intensively with the UK to reach a trade deal. They are required from Britain to make ... Read More
Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why ... Read More
Gold prices were little changed on Monday, as investors sought more clarity on developments in U.S. President Donald Trump’s health after he tested positive for COVID-19 last week. Spot ... Read More
In August 2020, the euro area seasonally-adjusted unemployment rate has continued to rise for 5 consecutive months, reaching 8.1%. The same trend has applied to the EU unemployment rate ... Read More
When the money runs out or loses its purchasing power, all sorts of complexity that were previously viewed as essential crumble to dust. Four D’s will define 2020-2025: ... Read More
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
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
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
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
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
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