Nickolai Hubble

The Treasury will need a bailout from the Bank of England in order to finance its bailout of the Bank of England

Yesterday’s Fortune & Freedom introduced you to some of the chaos unfolding at the Bank of England. But all that was mere amusement compared to…

The Bank of England is in all sorts of strife

Usually, we try to present you with some sort of useful conclusion or take-away in each edition of Fortune & Freedom. But I haven’t got…

The end of the Exponential Age

We live in an exponential age. Our pension funds presume 7% compounding returns. Our central banks target 2% compounding inflation (emphasis on target). Our GDP…

How high can interest rates go before the crash?

It’s reverse limbo at the Bank of England. How high can interest rates go before disaster strikes? And will the Old Lady of Threadneedle Street,…

How high can interest rates go before the crash?

It’s reverse limbo at the Bank of England. How high can interest rates go before disaster strikes?

And will the Old Lady of Threadneedle Street, as the BoE is known, march them up to the top of the hill only to march them down again?

We know bubbles burst… but do we act like it?

You might not think that economics and financial markets lend themselves to beautiful prose. But you’d be wrong. Especially when it comes to the nature…

We’re all paying for “Putin’s price hike” at the pump. But what should investors be doing?

Over the Easter break, between nappy changes and car-seat battles, I finally found time to watch the latest of The Southbank Interviews, hosted by my…

Are the foundations of the financial system crumbling?

Would you stay in a house with crumbling foundations? Then, why are you keeping your money in the financial system? You see, government bonds have…

If an Englishman’s word is his bond, someone should run a spellcheck

On 16 September 2021, we published a piece about bonds and why they are a bad investment, if not downright dangerous to hold. Since then,…

Had enough of the finance gerontocracy? PayPal billionaire Peter Thiel has, again.

Legendary investor Warren Buffett is but a “sociopathic grandpa” and your “enemy number one”. The likes of Jamie Dimon, chief executive of JPMorgan Chase, and…

Had enough of the finance gerontocracy? PayPal billionaire Peter Thiel has, again.

Legendary investor Warren Buffett is but a “sociopathic grandpa” and your “enemy number one”. The likes of Jamie Dimon, chief executive of JPMorgan Chase, and…

A rules-based monetary order is there for the taking (by you, the individual)

So, you believe that price controls don’t work? Then why do we have monetary policy? Why is our monetary order ruled over by de facto…

Snowflakes don’t cause avalanches and defaults don’t cause financial crises

Have you ever seen an avalanche control team looking up into the sky? Do they spend their time trying to spot which snowflake will cause…

The day that decides the EU’s future comes shortly before the French election

Inflation continues to soar. But what if there’s an even bigger surprise lying in wait for financial markets? The French presidential election result could undermine…

The day that decides the EU’s future comes shortly before the French election

Inflation continues to soar. But what if there’s an even bigger surprise lying in wait for financial markets? The French presidential election result could undermine…

Welcome to Rishi Sunak’s haunted house of tax horrors. (His wife is out.)

Did you hear the door slam behind you? Have you tried checking whether it’s locked? Oh… well it looks like we’re stuck inside Rishi Sunak’s…

The commodity price boom and house-price explosion aren’t good news

Investors love rising prices. They make us (feel) wealthier and they (can) point to a bright future. However, today I want to explore some exceptions…

Duck now to avoid the Russian sanctions boomerang

No doubt the world’s movers and shakers are very surprised by what their Russian sanctions have triggered so far – an energy crisis, a food…

Will uranium or shorter showers save us from Putin?

The tide is turning on net zero, inflation and nuclear power. But what are the political and financial implications, if some of our firmest beliefs…