Excerpted and revised from Jake Weber’s original article, with permission. Many financial pundits and crypto advocates have scrambled to argue whether Bitcoin (BITCOMP) is a bubble or not. As the financial community takes sides, I have dug into Bitcoin’s tremendous run using
November 26, 2017
Macroeconomic policy and exchange rate regimes under globalfinancial integration I want to come back to the post I wrote recently on Angry Bear, regarding the power of exchange rates to insulate economies from shocks and to grant independence to economic policy
Banks could be dinosaurs and some of them know it I have bias. I admit it. I have a certain proclivity to be nice to people who hire me, so this is an upfront statement of subjectivity. I am not
Right now, there’s a great migration taking place… All over Asia, people are leaving the country and moving into cities. These six large countries in the region… China, India, Indonesia, Thailand, the Philippines and Vietnam, are expected to see some
114 Italian banks have non-performing loans that exceed tangible assets. Ratios above 100% are signs of severe stress. The headline image is from the from ilsole24ore.com. The article is dated March 25, 2017. The translated headline reads “Here are the
Of our three euro commodity cross pairs, namely eur/aud, eur/nzd and eur/cad, it is the weekly chart for these pairs that is the most interesting, particularly for the eur/nzd which has finally broken and closed above the key 1.73 price
In the first episode of the new season of Historical Controversies, which will focus on the sectional crises that led to the Civil War, I gave a brief explanation of my problem with the “Tariff Thesis” for the cause of
Bitcoin (BITCOMP) does not rest on the weekend. The cryptocurrency, which was confined to a narrowing channel, made a clear breakthrough out of those level and hit new highs. A break of the previous top of $8367 was broken during
Alan Greenspan in greener days December 5, 1996, then-Fed-Chair Alan Greenspan warned us about the “irrational exuberance” he felt was creeping into the market (the “Tech Bubble”). “Clearly, sustained low inflation implies less uncertainty about the future, and lower risk
I spend a lot of time writing and talking about inflation, especially as it affects the price of gold, oil and other commodities and raw materials. The year-over-year percent change in the cost of living has been reasonably low for
