Back in October, the UK government was brought down by the bond market. The Truss/Kwarteng budget triggered a crash in UK government bonds, driving borrowing…
Every new technology faces opposition from those who believe it will harm them. The Luddites are the most famous example. Artificial intelligence (AI) is the…
Central bankers failed to see inflation coming. They failed to react when it arrived. And now they’re overreacting in their campaign to slow inflation back…
We’ve been writing to you about how the nature of money is changing since Fortune & Freedom was created. Central bank digital currencies (CBDCs), cryptocurrencies…
Just how cornered are central bankers? They face inflation and a banking crisis, at the same time! This creates an impossible choice. Will central banks…
A few weeks ago, European Central Bank president Christine Lagarde gave a private interview to Ukrainian president Zelensky. Well, it turned out to be a…