Tightening in China will be felt around the world
byEven though the Chinese authorities made no bones about the fact that they had conveniently ‘rebased’ their latest CPI numbers in order to mitigate…
Inflation
Morgan Stanley: Inflation Uncertainty and Corporate Finance
byBy kind permission of Morgan Stanley’s Caitlin Long, The Cobden Centre is delighted to publish their report, Inflation Uncertainty and Corporate Finance. Some key…
Thought for the day: should we pay the BoE £9bn pa in interest?
byIn November, I asked this Parliamentary question: Steven Baker (Wycombe, Conservative) To ask the Chancellor of the Exchequer how much debt interest has been paid…
Is Inflationism Part of our Mindset? The Paper Pound & The Bullion Report
byMost people have one principle “asset”: the house they live in. Long gone are the days when your physical house was simply your home…
Commodity prices then and now
byAs subprime mortgages tanked in May 2007, Ben Bernanke, Chairman of the Federal Reserve, told Congress “At this juncture, however, the impact on the…
The violation of Mr Smith
byForty years ago today, Britain moved to decimal currency. A 1971 penny was worth the equivalent of today’s 10p. In recognition of this dramatic…
Inflationism unabated
byIn his recent Congressional testimony, our dangerous monetary Dr. Moreau was forthright in defence of his latest wild experiment in inflationism, saying that the…
The War on the Poor
byThe gigantic sums of credit created out of nothing, causing a doubling and in some cases tripling of the money supplies of Western Governments,…
Prudent Savers to be the Biggest Losers – Mervyn King
byIn a speech last night in Newcastle-Upon-Tyne the head of the UK’s central bank continued on his admirable path of admitting that the banking…
Liam Halligan: Our currency has gone West and stagflation will soon be upon us
byThe excellent Mr Liam Halligan is back on form again with another superb article in today’s Sunday Telegraph. In a smörgåsbord of delights, let…