There is, as we’re beginning to see with the rampant inflation that’s taking off in much of the world, only so much that Quantitative Easing and helicopter money can achieve, as a new socialist panacea, when basic resources such as fuel and food are becoming scarce.
Category: Central banks and fiat currencies
Don’t try to catch a falling knife…
This morning I was reading about the demise of bitcoin and blockchain in general in an opinion piece in the Telegraph written by some bloke in “tHE cITY”.
jeez ….. the press … a very quick one …
The FT report today ….. “Bitcoin tumbles back to $30,000 in volatile trading” From an all time high over the weekend of $35,000 … Is
Money creation in the modern economy
Hi All OK – this is an old subject and one which was probably responsible for me starting blogging in the first place. But I
New World Economics
I haven’t had a rant for a while about the parlous state of the world economy or central banking monetary policy and quantitative easing (“QE”)
Bitcoin has been “Wall Streeted”…
It’s been a crazy week for bitcoin and personally I’m waiting for a significant price correction as I believe it’s hugely overvalued. It’s also not
Bitcoin transaction costs…
My twin brother is a banking analyst in the City working for a well known US asset management company. As you can imagine from the
A third way?
Straight from www.dummies.com we have the following two excellent definitions of money: <quote>A fiat system is based on a government’s mandate that the paper currency it prints is
Cryptocurrencies Don’t Belong in Central Banks
Cryptocurrencies Don’t Belong in Central Banks A great article from Bloomberg.