Keynesians

bank images

Banking faces seismic changes

13/07/2021(0)
  The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. ... Read More
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration

The psychology of money

30/12/2020(0)
  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 ... Read More
stock exchanges

Prices are going to rise — and fast!

07/07/2020(0)
  With stockmarkets barely ruffled, few are thinking beyond the very short-term and they are mostly guessing anyway. Other than possibly the very short-term as we emerge from lockdowns, ... Read More
statistics

The egregious errors of static statistics

22/03/2018(0)
  The measure of a man’s real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred ... Read More
gold_dollar_market

Credit cycles and gold

03/12/2016(0)
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This ... Read More
Economy

The Endgame

18/05/2016(0)
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners ... Read More
Economists

Out of the mouths of babes…

22/01/2016(0)
Parents will tell you the most difficult questions to answer sometimes come from their children. Here are some apparently innocent questions to ask of economists, journalists, financial commentators and ... Read More
gold-2

Gold remains money

18/09/2015(0)
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use ... Read More
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