We interrupt this week’s lockdown broadcast with news about the ultimate anti-lockdown investment. No, not gold. Bitcoin. We had been planning an in-depth discussion of…
I’ve received feedback on my piece about bank bail-ins and depositor protection. It was sent on 22 October 2020 and called “The Reverse Bank Robbery“.…
Imagine if the trade winds suddenly reversed. Or if the tide changed its mind on the Thames. There would’ve been havoc for shipping, back in the day...
Yesterday’s Fortune & Freedom discussed the case for inflation. Or stagflation – the theoretically impossible combination of rising unemployment and rising inflation. But what about…
Economists used to believe high unemployment and inflation were an impossible combination. Shortly before just that combination happened in the mid-70s, of course. Not to…
Yesterday’s Fortune & Freedom explored the weird and not so wonderful world of negative interest rates. We focused on the theoretical side of things. Why…
On 28 September, economists at the US central bank published some important research. It concluded that imposing negative interest rates is a bad idea. Sure…