Other articles


  1. Transitory inflation means permanent purchasing power reduction - 2022 January 05

    Transitory inflation means permanent purchasing power reduction


    read more
  2. A change in the common knowledge in the markets - last weekend of November - 2021 November 29

    On the weekend with announcements of the Omicron covid variant I suspect there might be a shift in sentiment.


    read more
  3. Bank bail ins - 2021 November 25

    The recent currency crisis events in Turkey are worth paying attention to, especially with regards to the response taken. One particular tool that might be used in a bail in. Turkey is a G20 country and bank bail in legislation has been introduced in most G20 countries. In this article I outline what the bail in mechanism is and some of the reasons why these exist along with some of the practical realpolitik issues that would get in the way of actually using one.


    read more
  4. Futures markets lower prices, both in good and bad ways - 2021 October 28

    Futures markets suppress prices, this is good in some regards but this mechanism can be used in such a way that's not so good.


    read more
  5. V shaped lies - 2021 October 01

    The non-financial economy is still in a bad state, and anyone who looks at the raw data knows it, but the shared delusion of the V shaped recovery is powerful and stubbornly persistent. It's also extremely harmful to a lot of people, this sort of gaslighting is doing an enormous amount of damage to people. It's this harm that makes me feel compelled to write on the subject, people deserve better than this.


    read more
  6. Fast things happen slowly then quickly - 2021 September 21

    How fast do "sudden" events happen?


    read more
  7. Finally getting around to publishing some monetary policy articles - 2021 September 19

    I'm finally getting around to publishing some articles I started writing back in 2020 about interest rates and monetary policy and the various developments that have happened in global economics lately.


    read more
  8. Politics of unproductive debt - 2021 May 16

    Right now we have a large economic debt crisis brewing and THIS DEBT CRISIS STARTED LONG BEFORE THE COVID PANDEMIC. Specifically unproductive debt is at extreme levels and is now starting to create a rather acute debt crisis. The pandemic exposed how much of a problem this really was before making it much worse. Unfortunately everyone is blaming everything on the pandemic when this is an issue that goes back at least an entire decade to the events of the global financial crisis of 2007-2008, if not earlier. A massive shift has been seen in political attitudes towards debt in the last few decades. One thing that is for sure is that the answer to resolving the debt trap is not going to be by creating more debt but that seems to be the consensus political position these days, at least for now... But things weren't always like this.


    read more
  9. What are the markets smoking? - 2021 February 24

    A conversation between some smokers I overheard at a cafe the other day got me thinking about some things. The trade in cigarettes is actually a very interesting window into a number of international trade concepts.


    read more

Page 1 / 2 »