The City

Why can’t central bankers just buy all the debt, John Butler?

One year ago, I asked the smartest people I know a simple question: why can’t central bankers just buy all the debt? Back then, we…

Is a bank run underway? Or worse?

Don’t worry, readers. The banking crisis is under control. We don’t need to fear another crisis caused by another bank run. The authorities are monitoring…

The central bankers’ nightmare scenario: inflation and a banking crisis, at the same time

UK inflation didn’t just come in higher than expected in February, it rose to a higher level than in January, continuing an uptrend trend seen…

The Budget: Nigel Farage’s response

The Budget is out, triggering much wailing and gnashing of teeth. The Financial Times and the Telegraph called it “pro-growth”, while the Guardian says it…

The perennial re-opening of Pandora’s Box

Why the banks didn’t hedge their books properly is as yet unclear, but the most obvious explanation is that their respective Treasury operations were being…

Is SVB’s collapse the Fed’s green light for CBDCs?

This week you’re going to hear a lot in the media with phrases like: GFC 2.0 Bank run Systemic risk Loss of confidence And the…

Money Magpie’s reality cheque for the City

[Jasmine Birtles of Money Magpie fame is a close friend of Fortune & Freedom. Recently, she was invited to give a speech in the City.…

Pub hooligan Nigel Farage still at large

Nigel Farage is back in the news for his usual antics: exposing the government’s hypocrisy in controversial ways. But if the government had used the…

The economic consequences of the central bank chicanery

Given the lack of panic in my reader mail inbox after the last three days’ worth of articles, I’ll have another go at explaining why…

Inflation’s expensive reality cheque for the bond market

Yesterday I left you pondering the inflation comeback in Europe. Since I put that article together, Germany’s inflation data added to the argument, and eurozone…

Sturgeon’s resignation is Starmer’s election

The UK avoided recession at the end of 2022 thanks to a single action taken by Nigel Farage in the dead of winter. But what…

It’s too late to cut taxes or hike taxes to save the UK

If cutting taxes causes an absolute meltdown in the bond market, bad enough to cost a chancellor and then a prime minister their jobs, and…

Investing is a game where the rules can be changed

My little sister is seven years younger, which made playing board games a very bad option when we were growing up. Every time I pulled…

Why would the British people be for CBDCs?

Now that the nature of a central bank digital currency (CBDC) is dawning on the people who still bother to read or listen to the…

Jeremy Hunt and Andrew Bailey conceive a CBDC

It’s finally official. The UK government has plans to launch a central bank digital currency (CBDC). But what does it mean? And what does it…

I’ve discovered the top-secret plan to write off our national debt

A few weeks ago, I discovered the government’s plan to write off the UK’s national debt. It’s based on a similar scheme used by the…

Political incompetence has two sides. You pay for both.

The Centre for Policy Studies has calculated that more than half of households get more from the government than they pay in taxes – a…

The curve flattens the UK

Does this bit of statistics from Cobus Daneel, the chairman of the Continuous Mortality Investigation (CMI), mean what I think it does? “Although weekly excess…

Excess deaths are getting mighty awkward now…

Sir James Dyson has argued in the Telegraph that big government’s short-sighted policies mean, “on current trends, the average British family will be poorer than…

Central bankers are focusing on the wrong half of the inflation equation

To all the entrepreneurs, business managers and small company investors in the UK, I need your help with an important question. Have higher interest rates…