Puppets pushing on a string
by“I don’t think there is a problem that this will fix. I think it will just continue to compress yields into negative territory. If…
Global Free Trade Makes For Mutual Prosperity And World Peace
byThe recent brutal events in France have reminded us how small the world is that we all share. Violence and conflicts that have their…
More euro-tragedy
byDespite the uncertainties ahead of the Greek general election, the European Central Bank (ECB) went ahead and announced quantitative easing (QE) of €60bn per…
European Central Bank plan to unleash massive pumping is likely to further undermine the process of wealth generation
byThe European Central Bank (ECB) is planning to pump 1.1 trillion euro’s into the banking system to fend off price deflation and revive economic…
Monetary Politics: The Biggest Money Player In Politics Is The Fed
byWashington finally shows signs of coming to grips with the importance of money to politics. This is not about mere campaign finance. Recently there…
A Slow Boat in China
byStill struggling to move from its ‘Three Overlay’ period – essentially the indigestion added by the post-GFC ‘stimulus’ burst to the already unbalanced economic…
On Money And Society: An Exclusive Interview With Steve Baker MP
byA former RAF aviation engineer and software engineer in the financial sector, Steve Baker has been the Conservative MP for Wycombe, Buckinghamshire since 2010….
Swiss National Bank abandons franc’s cap against the euro
byOn January 15th 2015 the Swiss National Bank (SNB) has announced an end to its three year old cap of 1.20 franc per euro….
Swiss National Bank Throws Banks, Self Under Bus
byIn 1985, Arnold Schwarzenegger played John Matrix in the action movie, Commando. One line stands out. While dangling a bad guy over the edge…
Should a Bank in Difficulties Receive Assistance?
byThis was the question put to me by Treasury Committee Chairman Andrew Tyrie MP when I appeared before the Committee on January 6th to…