Asset managers or asset gatherers?
“The Bank of England paid nearly £3m of taxpayers’ money for a report on whether any of its staff knew about or were involved…
Puppets pushing on a string
“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…
Money worries
“I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I…
Beyond satire
“Je ne suis pas Charlie. I am not Charlie, I am not brave enough. “Across the world, and certainly across Twitter, people are showing…
An odd, non-linear world
“Sir, John Authers, in Loser’s Game (The Big Read, December 22), could have delved deeply into the flaws in the asset management business as…
“We hate you guys but there is nothing much we can do”
“Except for US Treasuries, what can you hold ? US Treasuries are the safe haven. For everyone, including China, it is the only option…..
We seem to have miscalculated
“What will futurity make of the Ph.D. standard ? Likely, it will be even more baffled than we are. Imagine trying to explain the…
Striking gold
“Sir, Martin Wolf in his article “Radical cures for unusual economic ills” suggests an abandonment of free market capitalism, as it has been practised…
“Smacking a skunk with a tennis racket”
“Finally, as expectations of rapid inflation evaporate, I want to contribute to the debate about the November 15, 2010 letter signed by 23 US…
Brave new world
“Sir, Adair Turner suggests some version of monetary financing is the only way to break Japan’s deflation and deal with the debt overhang (“Print…