The Dollar and TIVA: An Overview of Turkey, Italy, Venezuela, and Argentina
The inverse correlation between the US dollar and emerging markets currencies is a well-known fact. That inverse correlation has been affirmed again over the last few months as the greenback gains ground against emerging markets currencies, in lieu of higher interest...Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State (Interview)
Sir Paul Tucker is a fellow at the Harvard Kennedy School and chair of the Systemic Risk Council. Previously, he was Deputy Governor at the Bank of England, sitting on its monetary policy, financial stability, and prudential policy committees. Internationally, he was...The Revenge of the Long-Term Cycle: Portfolio Enhancement
In late 1999/early 2000, the excitement of the internet and the dot-com exuberance attracted capital away from investments that require a medium to long-term perspective. The result was that supplies dropped while demand was rising. Welcome to the revenge of...Dollar Trajectory and Geopolitical Tensions: The New Thucydides Route
The dollar has been getting stronger at a time when the Chinese have started to price oil in renminbi. In simple statecraft language, such action by the Chinese could just be perceived as unacceptable at a time when the US trade deficit with China stands at such high...Market Isosthenia in a World of Etatism: The Triumph of Illiberalism
We live by appearances and as we pretend that all things are getting better and that debts do not matter we are becoming villains perpetuating a culture of Pyrrhonism[1] where isostheneia (a situation of equal strength) implants and imputes in us a mentality of...Sign Up for Our Publications
