Monetary policy in the UK and the US is conducted by the Bank of England and the Federal Reserve, respectively. While on the surface, monetary policy appears uniform across all nations; this is far from the truth – with different monetary tools at the disposal of the various Central Banks globally. Such is the caseContinue reading “Monetary Tools”
Tag Archives: fed
Roaring Twenties to Depressing ’30s
A common misconception is the attribution of the Great Depression to the failures of Capitalism. Excessive greed from Wall Street Capitalists, artificially inflating the NYSE through speculation, produced an economic calamity – a tale told by Socialists and misguided historians alike. While the Wall Street Crash of 1929 provoked an initial economic contraction, the declineContinue reading “Roaring Twenties to Depressing ’30s”
Inflation’s here to stay
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”
