currency war

Rope-a-Doping the Global Elites

You can understand the global economy today as an exercise in rope-a-dope. On one side, you have the forces of deflation…and on the other, the forecasts and policy experiments of central bankers.

Germans Want Their Gold

The Germans want their gold. And who can blame them? They’re stuck paying off the debts of everyone in southern Europe. That kind of extravagance puts pressure on the integrity of paper money and sovereign…

Markets & Money