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Derivative Demons
Derivatives are not bad per se. They can help transfer risk. Transfer in time or […]
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US October 2022 Fiscal Situation
The good news: Individual federal income taxes are STILL growing, and growing at a good […]
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Money, Matter, Anti-Matter
You cannot create money (in our current fiat monetary system) without simultaneously creating the same […]
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Thoughts on Digital Currencies: Are Liability-free CBDC possible?
I recently attended the #CBDC #CentralBank #Digital #Currency Summit in Washington, DC in collaboration with the #IMF and George Washington University. Here […]
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Physical Demand for Gold is Strong
In September, #Switzerland exported 174 tonnes of #gold , an increase of 48% compared to a year ago. Exports […]
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Did US Fiscal Deficit Decline by “Record $1.4 Trillion”?
The US federal #fiscal #deficit decline by a record $1.4 trillion for the 12 months ending September 30. […]
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