Pathetic. Western Central Banks are leading the charge on the out-of-control inflationary spiral we witness today. They have done little – if anything to get a grip on skyrocketing prices. Real inflation has reached levels not seen since the 1970s; a cost of living crisis not seen since the 1930s. The Tories in the UKContinue reading “Inflation’s here to stay”
Category Archives: Current Affairs
Fall of the Japanese Yen
The Yen. Once one of the world’s most respected currencies is no longer a safe haven. In times of geopolitical and economic uncertainty, foreign governments and investors often sought the Yen; the Ukrainian-Russian conflict has spelt an end to this. The nominal exchange rate of the Yen took a sharp dive following the beginning ofContinue reading “Fall of the Japanese Yen”
Macron’s reforms
Elected with the promise of liberalising the French economy, Macron has brought a wave of economic growth and prosperity to a previously fraught economy. Following the 2008 Financial Crisis, France suffered under successive Presidents who struggled to grapple with its aftermath; the unemployment rate refused to fall below 9%, rising to 11% under Socialist PresidentContinue reading “Macron’s reforms”
Inflation in 2022
Inflation is skyrocketing in most developed countries. In the US, inflation climbed above 8% in January for the first time since the 1980s; in the UK, inflation reached 6% in March 2022 – a first in 30 years. Whilst, the recent spike in prices can be attributed to a combination of supply chain shocks andContinue reading “Inflation in 2022”
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