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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 collateral swap. Show all posts
Showing posts with label collateral swap. 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...
Monday, February 11, 2013

Phisix and Global Asset Markets: More Signs of Mania

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SIX consecutive weeks of gains backed by 11% in nominal local currency returns has simply been amazing! The Phisix has now gone par...
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