Officially, China does not worry about the depreciation of yuan
A currency controlled by an… openly secretive and authoritarian regime is not a good asset unless you want to trade to with them. From the start of the year (according…
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Russia takes hit in the war that REALLY matters
In the wake of the various sanctions by the West and the printing of money by the Bank of Russia, the ruble depreciates. This may not be all bad for…
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Government fails to grasp this simple concept about CPI
Inflation = printing money (check) + expectations (check). Everything else is just propaganda. Believe your own bank accounts. In July, government data revealed a 3.2% annual rise in inflation, surpassing…
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Historic Singapore Supreme Court ruling: cryptos ARE money
All countries whose economy relies on free financial transactions will soon follow suit Surprising the crypto community, Judge Philip Jeyaretnam of the Supreme Court of Singapore, an East Asian “tiger”…
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