Convenience at the Cost of Individual Freedom Most of you have probably noticed that the use of cash has been diminishing for the last ten years as technology evolves and more people use contactless cards, Apple Pay, online banking and other kinds of rapidly evolving technology. Covid-19 and the government-imposed lockdowns of 2020 and 2021 were also used as an excuse to increase our dependency… Read More »The Digital Pound
I have written about inflation before but I think it is more important than ever to revisit the topic as consumer and retail prices continue to rise at rates not seen since the 1970s, major workers’ strikes continue to afflict and disrupt the U.K. economy. It was economist Milton Friedman who once said that inflation is always a monetary phenomenon so with that in mind… Read More »Government inflation
We might get bogged down with what the price of gold in the short term but what we need to understand it that gold has acted as a store of value or wealth for millennia. Fiat currency, paper money or what we use as money today as always returns to its intrinsic value: zero as Voltaire once said. Even though the world’s monetary system was… Read More »Essence of Gold
Unless one has studied the history of gold, money and the monetary system of the last 120 years or so you will know little about Sunday, August 15, 1971. Even if you have a higher education degree in economics or finance it is not certain that you will either or if you do know about the date I venture to say that you might not… Read More »A Sunday to Remember
