
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…]
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…]
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…]
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…]
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…]
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…]
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…]
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…]
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…]
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…]
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