For honest money and social progress
With 30yr Swap yields below T-bond yields arbitrage should be possible Higher capital requirements have increased the cost of holding T-bonds Central clearing has…
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Sugar, Honey, Honey – the weighty problem of obesity and substitution The solution to obesity is to reduce calorie intake A tax on sugary…
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Low cost manufacturing is moving away from China Malaysia, India, Thailand, Indonesia and Vietnam will continue to benefit Currency risks remain substantial Stock market…
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Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. Hamlet I,…
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Zero Yield 10 year Ever since central banks embarked on quantitative easing (QE) they were effectively taking control of their domestic government yield curves….
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Source: 1propaganda.com Central banks appear more powerful than at any time in their history – has something changed? Not really – because of…
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Editor’s Note: The following history of fractional reserve banking, by Colin Lloyd, was kindly written especially for The Cobden Centre. William Hogarth – The…
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Central Banks are moving from quantitative to qualitative easing The spread between Investment Grade and Government bond yields is narrowing Issuing corporate debt rather…
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“The state is that great fiction by which everyone tries to live at the expense of everyone else.” “When goods do not cross borders,…
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The Japanese stock market peaked in December 1989, marking the end of a period of economic expansion which briefly saw Japan eclipse the USA…
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