Britain’s inflationary outlook
byI’ve recently written for Save Our Savers attempting to square the massive expansion of Britain’s monetary base since March 2009 with the fact that…
January, 2014
Not at Davos and proud of it
by“We know Carney is blagging us, he knows we know but he has to keep a straight face and essentially say – look chaps…
How the paper money experiment will end
byA paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the money supply is…
Why the West sells gold and China buys it
byA number of readers and bloggers have recently suggested there must be collusion between America and China over the transfer of physical gold from…
The economics of the minimum wage
byMinimum wages are a popular topic. Barack Obama proposes a nearly 40% increase from $7.25 per hour to $10.10 and David Cameron has faced…
The way we help people does not help people
byThe highest form of charity, argued the 12th-century Jewish philosopher Maimonides, is when the help given enables the receiver to become self-sufficient. But our…
Rate expectations
by“It is no longer a secret that stocks, like bonds, do poorly in an inflationary environment.” – Warren Buffett, ‘How inflation swindles the equity…
Precious metals in 2014
by“Now the New Year reviving old desires The thoughtful Soul to Solitude retires” – Rubaiyat of Omar Khayyam Yes folks, it’s that time of…
The General Treaty for Renunciation of War as an Instrument of National Policy remains in force
byThe 1928 Kellogg–Briand Pact, officially the General Treaty for Renunciation of War as an Instrument of National Policy, is a simple read. It’s so…