May, 2021
First In, First Out – China as a Leading Indicator
byChina was the first country to recover from the Covid-19 pandemic The PBoC began tightening monetary conditions in May 2020 Chinese housing and stocks…
Profits not risk drive entrepreneurs
byBy Dr Frank Shostak According to Modern Portfolio Theory (MPT), financial asset prices fully reflect all available and relevant information, and that any adjustment…
The ECB’s new rush toward the digital euro
byby Prof. Elisabeth Krecke In the coming weeks, the European Central Bank (ECB) will announce whether it will issue a “digital euro” within the next…
Monetary Inflation’s Game of Hide-and-Seek
byThe May 12, 2021, press release from the Bureau of Labor Statistics reporting on the Consumer Price Index (CPI) for the month of April sent the…
Why econometric models cannot ascertain facts of reality?
byBy Dr Frank Shostak While in the natural sciences a laboratory experiment can isolate various elements and their movements can be followed through, there…
Relation between Inflation and Deflation
byBy Dr Frank Shostak For most commentators inflation is about persistent increases in the prices of goods and services. However, is this the case? …