Category Archives: Currencies

Trilemmas and Financial Instability

Examining national policy tradeoffs in a world of perhaps too much in the way of free and easy international money movements.

Don Quijones: People Not Amused by EU Efforts to “De-Cash” their Lives

EU survey results show respondents overwhelmingly oppose proposals to impose an EU-wide cash ceiling that would throttle use of cash.

Visa Trying to Bribe Merchants to Stop Taking Cash

The latest chapter in the War on Cash.

Why International Financial Crises?

Despite the high cost of financial crises, the world seems no closer to making needed reforms.

China Sickening into Classic Emerging Market Crisis

More and more analysts are getting nervous about China. Are there concerns warranted?

British Press Hissy Fit Over Predictable EU Move to Relocate Euro-Clearing to the Continent

The UK press reacts with unwarranted indignation to an EU move that was sure to happen.

Taxes, and the Parable of “Turning Litter Into Money”

I take my business cards out here, and these are twenty dollars a piece, if anybody wants to buy any. No? Any takers?

The Fall of the Latin American Left, Part III: Argentina and the Right Winning Elections

How the Kirchner program in Argentina ran into the buzz saw of currency markets.

The Operation and Demise of the Bretton Woods System: 1958 to 1971

Even though the Bretton Woods system was short lived, legacies like the dollar standard remain and are likely to be with us for some time.

The Fall of the Latin American Left, Part I: Brazil’s Boom and Bust

Discussing why the left in Latin America lost power, starting with Brazil.

Debunking 5 Myths About Frexit

A skeptical look a Frexit, meaning France exiting the Eurozone.

More Brexit Delusion: City Issues Wish List That the EU Already Rejected

When you’d thought the British had reached the limits of outlandishness on the Brexit front, they manage to outdo themselves.

British Press in a Tizzy that the EU Will Be Mean to the City of London in Brexit

The whinging from entitled Brits over the fact that the EU is playing Brexit hardball is getting annoying.

Europe’s Crisis Was Caused More By Reckless Lending Than By Reckless Spending

Remedies have failed to produced growth and lower indebtedness because they’re focused on protecting toxic behavior by banks in Europe’s core

India: Demonetization and its Discontents

Why have India’s citizens not reacted more forcefully to the huge disruption created by a misguided demonetization program?