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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label US dollar standard. Show all posts
Showing posts with label US dollar standard. Show all posts
Sunday, April 05, 2026

Why Isn’t Gold Acting Like a Safe Haven—Yet? The Gold–Oil Ratio and the Liquidity Stress Behind Early-Crisis Gold Weakness (Part II)

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  It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns to avoid f...
Sunday, March 22, 2026

Why Isn’t Gold Acting Like a Safe Haven—Yet? War, Liquidity Stress, and the Fracturing of the Bullion System (Part I)

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  Nations have scoured the earth for gold in order to control others only to find that gold has controlled their own fate. The gold at the e...
Sunday, June 15, 2025

Is the Philippine Peso’s Rise a Secret Bargaining Chip in Trump’s Trade War?

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Devaluation is not a tool for exports. It is a tool for cronyism and always ends with the demise of the currency as a valuable reserve—Danie...
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