A good start Whatever one might think about which currency is better suited to be used in trade or as a benchmark or as a central bank reserve, the fact remains that the USD’s days [more…]
Here we are again, off on our elementary excursions. As I have mentioned before, I hope to ensure that at least one element is included from each of the eighteen Groups of the Periodic Table [more…]
Endless ink has been spilled by economists and financial analysts in their efforts to predict the impact of de-dollarization. As might be expected, most of those who embrace a US-centric view of the world and [more…]
Briefing 47, The Global Warming Policy Foundation. The Brink of Darkness: Britain’s fragile power grid by John Constable. I was prompted to reread the above yesterday by two things, one the receipt of a combined [more…]
Last Tuesday, June 20th the Pennsylvania House of Representatives passed a bill to raise the Commonwealth’s minimum wage to $15 per hour by 2026. Although the bill is unlikely to pass the Senate, it seems [more…]
There is clearly a common denominator in the kind of “solutions” that the State comes up with to deal with the problems that it caused (and that’s most problems). Not only are these remedies worse [more…]
The US dollar has been the world’s premier reserve currency since the Bretton Woods Agreement of 1944. Until 1971 it was redeemable by foreign central banks in gold at $35 per ounce. As long as [more…]
Over the last couple of years, the UK has been increasingly in the news – for all the wrong reasons. The cost of living crisis, in particular, has been monopolizing headlines at home and abroad. [more…]
I spent over forty years in the City of London very largely specializing in pension & trust fund management. The latter decade in tax effective investment. We live in a kleptocracy which seems to have [more…]
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