Money printing: not what it was
There are lots of reasons why QE hasn’t yet created inflation in the rich West… SO HEADLINE writers everywhere got to say money really…
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Legacy’s big one
“Hello London, this is the mayor, and this is the big one.” – Tannoy announcement replayed endlessly over the last month to London commuters…
Read MoreThe meaning of money
So a Dollar was still a Dollar, as Richard Nixon told US citizens 40 years ago this summer. Whether the Euro will be worth…
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Pricing the World in Gold: 4 Charts
Equities, housing, commodities and bonds viewed through the prism of what money once was… WHAT WOULD the world look like if, as a handful…
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A Moment of Clarity
Is the bond market finally catching on to the “forced risk” trade…? AS NIALL FERGUSON never tires of reminding us, bond markets rarely react…
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Hard Money, Soft Metal
Soft gold prices without hard-money rates? Not for long, says the world’s 40-year unbacked money so far… JUST HOW MUCH ABUSE can soft money…
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