The value of a currency is determined by a number of variables. In this article, I will focus on the dynamics of demand, supply, current account deficits, and aggregate government debt.
Read More »A look at the status of the economy, and in particular money supply, shows that deflation is starting to show up. Below are 7 charts that support that view. Words: 370
Read More »It is not inflation that is worrying big investors - though inflation may be the default response before this is all over - but deflation. Words: 638
Read More »While belt-tightening is indeed required cutting too fast would tip the West back into slump and kill tax revenues, solving nothing – a risk that austerity priests rarely acknowledge. Pacing is everything. Words: 620
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