Countdown to the collapse
On multiple fronts there appears to have been a resumption of hostilities in the global currency wars. A subtle indication of this is the…
A conversation with John Llewellyn
Not your typical Cobden Centre interview, but hopefully thought-provoking … John Llewellyn is one of the most highly regarded economists in Europe, having worked…
Top ten reasons why fiat currency is superior to gold
In the spirit of the holidays and hope for a more prosperous 2013, I thought my readers might appreciate a little humour to partially…
The curse of the reserve currency
Is reserve currency status an economic blessing or a curse? The answer might seem obvious, as reserve currencies have been shown to confer lower…
The Keynesians’ new clothes
It might seem like yesterday to some but it was already in 2009 that politicians in Europe began to talk about ‘austerity’, a concept…
A tweet too far?
“Unbelievable jobs numbers…these Chicago guys will do anything…can’t debate so change numbers.” So read the ‘tweet’ that the media immediately labeled a ‘conspiracy theory’,…
A vicious cycle
For some months now, leading indicators the world over have been pointing toward slower growth ahead. It’s not just about the euro-area any more….
The pathology of central bankers
In an Amphora Report published in 2010 I posed the then-provocative question, “Has the Fed become pathological?” Well, time moves on, another iteration of…
The tale of Jack the pie-maker
As with many of his classmates, Jack arrived at his commencement day ceremony with a sense of forboding. Notwithstanding an honours degree in business…
Caught in a debt trap
In October 2010, I wrote in the Amphora Report titled Guess What’s Coming to Dinner: Inflation! that sharply higher agricultural commodity prices were going…