Central Bankers May Blow, But They Suck At It

3
AESOP wrote in the 6th century BC about the North Wind and the Sun competing to remove a traveller's cloak from his back. The more...

Cats And Dogs………Living Together!

6
So the government borrowed until they couldn't afford the repayments, then they collapsed the debt stack and printed until our currencies were on the...

The Banks’ Gross Profits On Mortgage Holidays

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It does need to be pondered over, just where does The Times get these stories from? For here they're claiming that mortgage holidays are...

A Particularly Stupid Analysis Of UK Government Borrowing Costs From Richard Murphy

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If only any one of the Tre Professori knew what they were talking about. For Richard Murphy, who does indeed hold three professorial positions...

This Isn’t What Out Of The Money Option Means

0
The black swan theory of investing came to prominence in 1987 after the Black Monday Wall Street crash. Investors realised that some stock options...

What’s Your Problem Here, Dingbat?

2
Horrors, just horrors. People who aid us out of coronavirus induced problems make money. Ain't that just such an immense problem? While millions of...

The Guardian, Wrong Again. You Know, That Always, About Everything Thing?

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The Guardian tells us that oil traders are hiring supertankers to store oil in. This is true. The price today is low so why...

Today’s Harmful Idiot Is Frances Coppolla

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It may well be that you don't like what a market price tells you. That doesn't mean that you can - no, not should...

Bank Loans Do Not Work This Way In Inventing Money

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We have yet another attempt to tell us that banks just invent money and there's no limit: Instead what the bank does is a conjuring...

Shutting Stock Markets Is Damned Idiocy

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Investors are panicking. The markets are in freefall. Companies are on the brink of collapse, and stock indices are flying in every possible direction....