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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 Vietnam Dong. Show all posts

Wednesday, November 19, 2014

Vietnam Raises Minimum wages by 15%, Bank of Indonesia Hikes Interest Rates, Thailand’s Parallel Universe

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The Vietnamese government mandated a 15% increase in minimum wages a few days back. Speaking in behalf of Japanese companies whom has...

Saturday, October 27, 2012

Vietnam’s Banking System Has Been Short on Gold

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I pointed out earlier how Vietnam’s banking system enticed the public by paying dividends on gold holdings lodged or deposited with them. ...

Monday, May 21, 2012

Could Gold Prices be Signaling a Reprieve in Selloffs or a Bottom?

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Over at the commodity markets, gold’s and silver’s recent bounce could yet signal a reprieve to the market’s selloff. On the one hand, thi...

Thursday, April 12, 2012

Vietnam Banks Pay Gold Owners for Storage

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Here is an enlightening piece from Tim Staermose of the Sovereign Man. Here’s something you don’t see every day: Banks in Vietnam will ...

Sunday, November 29, 2009

Vietnam’s Inflation Control Measures And The Japanese Yen’s Record High

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``If most of us remain ignorant of ourselves, it is because self-knowledge is painful and we prefer the pleasures of illusion.” Aldous Huxle...

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