Economics
What is Money?
Introduction Everybody knows how to use money, but very few people understand what it really is, or how it works. You might think people who work in finance and banking understand money, but I’ve not [more…]
Fiat Currency
Business
An Open Letter to the Chancellor
Dear Chancellor, Fiscal Discipline The government reaction to the Coronavirus pandemic hypothesis has bordered on hysterical, but we are where we are & the unprecedented national debt is estimated at over two & one half [more…]
Economics
Fiat Money and Socialism
For some time now I have been mulling over the possible causes of what seems to be an increase in the desire for socialism among the young. For someone of my generation (an early post [more…]