Economics
Moving house
It has been some time since we have moved home so when we decided that we were going to up sticks and move somewhere a little more remote, I thought I knew the game and [more…]
Finance
Business
Is Switzerland still a safe jurisdiction for precious metals investors?
Over the last two years, we’ve all witnessed state abuses of power and extreme overreaches the likes of which many average citizens had never imagined they’d see in their own lifetimes. This caused a great [more…]
Economics
Russia’s “gold peg”: Lessons for Western investors
It is undeniable that the ongoing crisis in Ukraine has polarized Western societies to an extent unseen in decades in any other foreign conflict. For over a month, we have been bombarded unceasingly by all [more…]
Economics
Cantillon effect: Who’s paying the highest price?
Every time we hear government officials announce their big spending plans, their new welfare programs and their ambitious “job creating” schemes, they always present them as being in defense of the poorest and the most marginalized [more…]
Economics
Reality begins to dawn
Shortly before the Chancellor’s Spring Statement, BBC2’s “Newsnight” featured Kirsty Wark interviewing two economic experts, one Conservative, one Labour. She asked each of them to describe the measures they would recommend to the Chancellor, Rishi [more…]
Economics
How Bad Is Currency Debasement of the Dollar?
Well, currency debasement is pretty bad, as a few key statistics will reveal, but first some background. At the Bretton Woods Conference in 1944 the US agreed that it would redeem dollars for gold at [more…]
Economics
Economics
A Very Short Primer on What Causes Inflation
What almost everyone calls “inflation” is really a rise in the general price level. OK. But the real definition of “inflation” is inflation of the money supply. A rise in the general price level is [more…]
Business
Economic Idiocy Repeated, Part 2
In Lewis Carroll’s “Through the Looking-Glass” Humpty Dumpty tells Alice: “When I use a word it means just what I choose it to mean—neither more nor less.” Humpty’s subjective approach to verbal meanings is of [more…]