Turkey has been experiencing a currency and monetary policy crisis over the past few years. This crisis has had significant economic and political implications for the country and has been a cause of concern for investors and policymakers around the world. Causes The Turkish currency and monetary policy crisis can be traced back to severalContinue reading “Turkish Monetary Crisis”
Tag Archives: inflation
Quantity Theory of Credit: Better Banking?
Following the Financial Crisis of 2008, Western financial systems have been subject to much political debate. Severe misallocations of credit in the years leading up to the subprime mortgage led to excessive housing construction and speculation, culminating in a financial catastrophe. With this said, the role of large commercial and retail banks particularly hasn’t beenContinue reading “Quantity Theory of Credit: Better Banking?”
Korean economy under Moon
Elected in 2017 following the resignation and subsequent jailing of the disgraced Park Geun-hye, Moon Jae-In became the 12th President of South Korea. However, his legacy needs more to be desired. While his administration’s handling of the coronavirus pandemic proved effective relative to other Western economies, spiralling housing and energy costs alongside a slowing domesticContinue reading “Korean economy under Moon”
Monetary Tools
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”
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