Most of the world takes it for granted that central banks are necessary for the smooth conduct of trade, both foreign and domestic. Nothing could be further from the truth. Let’s be clear. Central banks [more…]
The most important Brexit issues have been clouded by uncertainty, exacerbated by predictably negative forecasting by supposedly neutral authorities. This has generated a totally unwarranted fear that has paralysed the resolve of even those upon [more…]
Much has been made of Britain’s trade deficit, which is the amount by which our imports of goods and services exceed our exports. The same phenomenon is evident in many other strong economies, including the [more…]
Surpluses & Deficits are Hotly Debated – But What About the Currency? Much has been made of Britain’s current account deficit, which is the amount by which our imports of goods and services exceed our [more…]
1 – Reminder: People (Not Nations) Trade Sir James Dyson has recently entered a plea for the UK to focus on the world’s fastest-growing markets, noting that the UK doesn’t need to be a member [more…]
While combatants wrestle over potential outcomes of the Brexit debate, we should recognise the part played in all these shenanigans by fear, borne of uncertainty. Many warnings against the dire consequences of leaving the EU [more…]
I find it instructive periodically to look back on what I have written before – even several years before. It is instructive because it highlights my understanding of a particular issue at that earlier time, [more…]
Now how many times have we heard all these so called experts, leaders, etc claim this, or there will be tariffs on our exports and imports. and everything will cost more. My question is why? [more…]
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