Why dollar CBDCs may never happen
The Fed has just released its first public consultation paper on a dollar-based central bank digital currency. For many, central bank digita...
Goldmoney Insights
Money supply and rising interest rates
The establishment, including the state, central banks and most investors are thoroughly Keynesian, the latter category having profited great...
The credit cycle and zombies’ downfall
Leading central banks like to think that through careful interest rate management, they have tamed the economic cycles which lead to regular...
Interest rates, money supply, and GDP
That the world is on the edge of a monetary and economic cliff is becoming increasingly obvious. And becoming more obviously permanent than...
James Turk’s new book on money
Money and Liberty — In the Pursuit of Happiness & The Theory of Natural Money — by James Turk, Published by Wood Lane Books ISBN...
The futility of central bank policy
It is only now becoming clear to the investing public that the purchasing power of their currencies is declining at an accelerating rate. Th...
A tale of two civilisations
In recent years, America’s unsuccessful attempts at containing China as a rival hegemon has only served to promote Chinese antipathy again...
The stagflation myth
Describing evolving inflationary conditions as stagflation misses the point about today’s inflationary conditions. Stagflation was origina...
The funding challenges ahead
This article looks at the Fed’s funding challenges in the US’s new fiscal year, which commenced on 1 October.There are three categories...
The funny-money game
The sense of general unease that I detect among those I meet and discuss economics and financial matters with is increasing —with good rea...