Tag: monetary policy

Pound Plunge: Don’t Blame Kwasi

There was no ‘crash’ of the pound. The big rate increase by the Federal Reserve simply created an irresistible opportunity for investors to make some good money, and do it safely.

The Economics of Budget Deficits

Government officials have carefully ignored the need for more fiscal conservatism. Looking at the threat of a new debt crisis, investors and taxpayers alike expect nothing more spectacular from their current leaders than a new round of put-out-the-fire austerity packages.

Crypto Hunters: Why Elites are Anxious About Cryptocurrencies

While our current monetary system rests on national currencies and regulated banks, every new user of a cryptocurrency unlocks the potential of a system that cannot be overruled, made redundant, or inflated away. This is what scares monetary authorities the most.