Dear George
byDear George, No purple prose this time, I promise – I wouldn’t dream of risking any untoward interruption of your natural digestive processes –…
Economics
Finland’s gold
byOn Wednesday Finland gave in to public pressure and revealed where she stores her gold reserves. The statement followed a press release by the…
Debt limit nonsense
bySome things are stated as fact which are nothing of the kind. Right up until the Congressional deal raising the debt ceiling news anchors…
The adverse effects of monetary stimulation
byA number of people have asked me to expand on how the rapid expansion of money supply leads to an effect the opposite of…
Money printing: not what it was
byThere are lots of reasons why QE hasn’t yet created inflation in the rich West… SO HEADLINE writers everywhere got to say money really…
The Selfish Gene and human cooperation
byIt took me until my 43rd year to read The Selfish Gene, written in 1976 by Richard Dawkins. In many respects, it is a testament…
Why is JPMorgan so quick to agree to a $13B fine?
byA Bloomberg appearance by Gordon Kerr, Cobden Centre advisory board member and founder of Cobden Partners Oct. 21 (Bloomberg) — Gordon Kerr, consultant at…
China and gold
byChina is now overtly pushing for the US dollar to be replaced as the world’s reserve currency. Xinhua, China’s official press agency on Sunday ran…
How much longer will the dollar be the reserve currency?
byWe use the term “reserve currency” when referring to the common use of the dollar by other countries when settling their international trade accounts….
That US debt ceiling and the Fed
byWe are now into a second week of a partial Federal Government shut-down, which is causing considerable concern, centred on the Government’s ability to…