Search Results for: FIA
Say’s law and the destruction of savings
April 2nd, 2021
This article explains the fundamental mistake behind Keynes’s General Theory, the vade mecum for all macro and mathematical economists today. It is no exaggeration to say that his casual rejection of Jean-Baptiste Say’s economic theories in his off-hand ...
The ECB’s financial suttee
March 22nd, 2021
The European Commission is failing. Its response to Brexit and the pandemic, where it is now threatening emergency powers in order to secure vaccines is a latest throw of the political dice. Even before this development markets were getting ...
Inflation watch: Beware the ides of March
March 12th, 2021
President Biden has now had his $1.9 trillion stimulus package passed into law, and it will not be the last in the current fiscal year. Covid is not over and is sure to resurge with new variants next winter. ...
The future of money is gold
February 25th, 2021
This article explains why the successor money to failing fiat is gold, not cryptocurrencies. Cryptos can only act as stores of value so long as fiat exists. I describe how a world transacting with monetary gold and properly ...
Global trade in 2021
January 29th, 2021
So long as the fiat-based monetary system continues with accelerated money-printing, the US trade deficit will continue to widen. This is due to the lack of a propensity among Americans to save printed dollars, now credited directly into ...
Don’t dismiss gold and silver…
January 21st, 2021
There is worrying evidence that 2021 will see the end of fiat currencies, led by the US dollar. US dollar money supply has accelerated at an extraordinary rate, a process that will continue. Signals from the markets that ...
ThinkMarkets Enables 24/7 Crypto CFD Trading
January 20th, 2021
The award-winning globally regulated brokerage marks a new milestone for cryptocurrency traders worldwide Leading multi-asset brokerage company ThinkMarkets is expanding it’s product offering for cryptocurrency traders. The broker is extending trading hours for its cryptocurrency line of trading products. ...
Economic and monetary outlook for 2021
January 5th, 2021
The most important event in the new year is likely to be the Fed losing control of its iron grip on markets. The dollar’s declining trend is already well established against other currencies and commodities, leading to this outcome. ...
The psychology of money
December 30th, 2020
The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view. What will replace them — bitcoin or gold? This article argues that ...
Big investors new to cryptocurrencies appear to be behind bitcoin’s rally to a record
December 22nd, 2020
A herd of new, big investors are scooping up bitcoin this year as the price more than doubles. Investors who bought at least 1,000 bitcoins — worth roughly $23 million at Friday’s price — and have had an account ...
