Nickolai Hubble

It’s about to get ugly in the euro area

As if they don’t have enough on their plate right now, euro area policymakers are in for another dangerous surprise. The world is waking up…

[When] Is the lockdown cure worse than the disease?

Thanks for all your emails in response to my article about whether “despite vaccination” is the new “despite Brexit”. The diversity of responses and opinions…

I’m from the government and I’m here to…

For every problem we face, there’s a government policy. But what if none of them solve the problem? What if they only get worse when…

I’m from the government and I’m here to…

For every problem we face, there’s a government policy. But what if none of them solve the problem? What if they only get worse when governments intervene?

Do central bankers rule the world, or serve their masters?

Governments are now so overindebted that they rely on their central banks to finance them.

But who is in charge of that relationship?

On the one hand, central banks seem to have lost all their independence and appear to be mere extensions of government treasuries. They are forced to extend financing to government, or risk triggering a sovereign debt crisis…

Do central bankers rule the world, or serve their masters?

Governments are now so overindebted that they rely on their central banks to finance them. But who is in charge of that relationship? On the…

Prepare to skid on a carefully laid oil slick

We don’t often cover the oil price at Fortune & Freedom. This is despite energy being “the master resource” and oil being energy’s key component.…

If inflation goes bananas, this is why it will…

As I’ve been trying to explain, the inflation we’ve seen so far may not be true inflation at all. And yet, true inflation is very…

Is “despite vaccinations” the new “despite Brexit”?

Back in May, when every second Fortune & Freedom video and article was warning about a coming spike in inflation, I was even more worried…

Nigel Farage’s confession session

Her Majesty’s government is looking wobbly. But just wait till you hear what’s going on behind the scenes. It’s enough to make Nigel Farage feel…

The age of experts… disagreeing with each other

They didn’t see it coming. They didn’t know how long it’d last. They apologised for it without changing their policies. And now, the experts can’t…

Transitory inflation is the circular reference of monetary policy

The most dreaded moment of all Microsoft Excel spreadsheet efforts is a popup error box warning of the feared “circular reference”. You can’t go on…

Taper Tantrum Two?

We’ve been here before, of course. After the financial crisis of 2008, central bankers were faced with the task of unwinding their vast monetary policy…

Central banks have grabbed the bond market by the tail

Our coverage of the carnage in the bond market continues today. At the start of November, I told you about the Australian bond market’s turbulence.…

Does Nigel Farage accept the Bank of England Governor’s apology?

Inflation, bitcoin and gold are all on a roll... And all for the same reason, according to Nigel Farage,

Does Nigel Farage accept the Bank of England Governor’s apology?

Inflation, bitcoin and gold are all on a roll. And if you’d like to hear from Nigel and other guests more often and more conveniently,…

The threat of Polexit exposes the “legal illegitimacy” of the EU itself

The world stands aghast that a nation state like Poland would declare its own laws as having primacy over those of the EU. Does this…

The truth about property prices

But did you know that this belief is peculiar to English-speaking nations? And it’s quite a new belief too, in the long context of economic…

The truth about property prices

People in the English-speaking world believe that property is a great investment. They claim that house prices can only rise in the long run, and that getting on the property ladder is the first step to prosperity.

When you have eliminated all which is impossible, you get inflation

We’ve been digging into the weeds of bond markets, inflation and monetary policy for a few days now. The Bank of England’s threat to tighten…