Search Results for: Russian central bank
The monetary logic for gold and silver
November 17th, 2020
A considered reflection of current events leads to only one conclusion, and that is accelerating inflation of the dollar’s money supply is firmly on the path to destroying the dollar’s purchasing power — completely. This article looks at ...
Ruble’s slump has killed hopes of further rate cuts in Russia
October 6th, 2020
Traders are betting that the Bank of Russia will put interest rate cuts on hold after the ruble’s 9% slump against the dollar in the past three months. Forward-rate agreements, which have been predicting more monetary easing for most ...
Lessons on inflation from the past
September 25th, 2020
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 it took surprisingly little monetary inflation to collapse the purchasing ...
Putin signs law giving cryptocurrency legal status in Russia
August 4th, 2020
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President ...
Dollar slips against commodity currencies; the euro was down against the pound
April 23rd, 2020
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. As Brent crude surged on signs ...
The US Dollar has risen in value this year
April 7th, 2020
The COVID-19 outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar. To the contrary, the currency has risen in ...
How Emerging Market stocks and currencies kicked off the week
February 3rd, 2020
Emerging market stocks held at near two-month lows on Monday, showing no signs of reprieve as investors continued to worry about the economic hit from a deadly virus outbreak in China. As traders in Asia’s biggest economy returned from ...
Resolving creeping communism
November 15th, 2019
The thirtieth anniversary of the fall of the Iron Curtain coincides with a popular resurgence of communism and a drift into more socialism. A collective amnesia sees a return of the Soviet Union’s failed policies in a Marxist ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...