Sovereign Bonds
byToday’s obvious mispricing of sovereign bonds is a bonanza for spending politicians and allows over-leveraged banks to build up their capital. This mispricing has…
Central Banking
The Swiss Franc Will Collapse
byI have worked to keep this piece readable, and as brief as possible. My grave diagnosis demands the evidence and reasoning to support it….
Europe’s Move In The Direction Of More Monetary Mischief
byThe European Central Bank has announced its intention to create out of thin air over one trillion new Euros from March 2015 to September…
Whatever it Takes
bySo, finally, the world’s most open conspiracy came to full fruition and Magic Mario actually got to do a little of ‘whatever it takes’…
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…
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…
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….