Search Results for: Venezuela
Time to learn about money
May 14th, 2020
An unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have yet to discount the possibility of such an outcome, but in the coming months they are likely ...
Oil markets are one outage away from crisis
September 23rd, 2019
The supply disruptions in the oil market may not be over, despite volatility and prices easing in the days after the Abqaiq attack. The repairs at the Abqaiq processing facility are on an extremely tight timetable. According to Bloomberg, ...
Measuring Recession
September 20th, 2019
Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually prove very costly. Having convinced themselves that GDP measures economic progress, government ...
Where do you see the price of Bitcoin by the end of 2019?
May 2nd, 2019
Bitcoin has been lately showing an increased amount of trading volumes. Crisis like in Venezuela carries a significant importance for the reason that people are looking for alternatives in cryptocurrencies as the country’s traditional fiat system has broken down. ...
The Lesson Of Argentina: You Can’t Stabilize A Bankrupt Economy
May 2nd, 2019
So the U.S. puts Republicans (the party of small government) in charge, and gets… trillion dollar deficits as far as the eye can see AND a revival of socialism among Democrats. Scary as this may seem, the real (and ...
Oil prices slip on Wednesday reversing earlier gains
March 27th, 2019
Oil prices declined on Wednesday, reversing earlier gains, as further disruptions to Venezuela’s crude exports were offset by a report that U.S. inventories rose last week. Brent crude futures were down 22 cents, or 0.32 percent, to $67.75 a ...
Prices When Gold Is Money
November 9th, 2018
We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced ...
Gold demand up 42 percent year on year in the first quarter of 2018 among central banks
October 29th, 2018
Central banks around the world are turning to gold as an alternative to the US dollar, which they see as being undermined by America’s aggressive trade policy and geopolitical uncertainty. Demand for gold was up 42 percent year on ...
We should ditch GDP as a measure of economic activity
October 10th, 2018
This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An ...
Euro to Dollar fell 0.2 percent, Asian stocks trade mixed; Key events coming up this week
October 2nd, 2018
Asian stocks were mixed Tuesday after a muted U.S. trading session, with Japanese shares extending gains as the yen remained under pressure. The dollar pushed higher as emerging-market currencies slid, led by Indonesia’s rupiah. The Nikkei 225 Stock Average ...
