Economics
OTF (Own Two Feet) Party, Part Twelve
Introduction Debt means many things. You can owe money, or it can be to help out in the future in thanks when next required, for a favour now. Either way you are beholden to someone [more…]
Debt
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…]
Business
Economic Idiocy Repeated, Part 1
Any catalogue of economic legends would of course include the 2008 visit of Queen Elizabeth to the London School of Economics, when the country was experiencing an unprecedented housing market bubble based on the irrational [more…]
Authoritarianism
Politicians – the People’s Enemy for Centuries
Most problems that blight the lives of ordinary folk are caused by politicians. In a democracy one might suggest this is counter intuitive, but democracy has mutated since its Athenian concept so drastically it has [more…]
Economics
Monetary Climate Change and its implications for investors, part two
Claudio Grass (CG): Even before the pandemic, there was a clear trend towards the politicization of central banks and monetary policy. Over the last year, however, we saw this accelerate considerably, to the point where [more…]
Economics
Monetary Climate Change and its implications for investors, part one
I’ve long been an avid and enthusiastic reader of the “In Gold We Trust” report (“IGWT”), as I believe countless other gold investors are, and I’ve always found great value in the insights, the analyses and all [more…]
America
Does the US Really Need an Infrastructure Bill?
One of President Biden’s first initiatives is a two trillion dollar proposal to rebuild America’s infrastructure. This plan is a typical Washington initiative in which lots of pet spending bills are piled on top of [more…]
Economics
“Back to Basics” – International Trade
Trade Surpluses and Deficits Any country’s trade balance is the difference between the totals of its exports and imports respectively, as measured in its own currency. To the extent that its exports exceed its imports, [more…]
Business
Post Covid Conjectures
While speculation is rife about what the post-Covid economy will look like, we must remember that economic fundamentals are not susceptible to alteration. They may adapt to changed circumstances, but no external modifications in society [more…]