Currently viewing the tag: "Martin Wolf"
Eurotower In Frankfurt

Central banks: Running out of ideas, road

On July 9, 2012 By

On page two of today’s Wall Street Journal Europe you will find the result of a readers’ poll from last Friday: Question: Will the ECB’s rate cut help restore confidence in the bloc’s economy? Answer: 81 percent of readers say no, 19 percent yes. Last week’s round of global monetary easing – another ECB rate [...]

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Mosaic of Plato's Academy

Thoughts on the Greek crisis and the politicization of economics

On May 25, 2012 By

 Should the Greeks have a referendum on whether they want to stay in the euro? Are the upcoming elections such a referendum? Would it be better for the Greeks if they left the euro? – Are you, like me, sick and tired of hearing these questions and then the answers based on the same stale [...]

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gold

Gold “bubble” bursting? – I don’t think so

On October 4, 2011 By

In today’s Financial Times Mark Williams argues that the recent correction in gold means the gold “bubble” is finally bursting. Unfortunately, he does not provide a single reason for why the 10-year bull market in the precious metal constitutes a “bubble”, nor why this rally must end now. According to the narrative of this article, [...]

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Money printing press

Faster, Pussycat! Print! Print!

On September 28, 2011 By

It is a beautiful autumn day in London, unseasonably warm and sunny, the city looking its very best, and I am trying to find a hook for this blog. I should write about the European debt crisis, the sharp drop in equity markets last week after “Operation Twist” was announced, and the washout in commodity [...]

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dollar notes falling from sky

The bureaucracy versus you

On September 13, 2011 By

The global finance bureaucracy is clueless. Its policies are failing. Yet, the bureaucracy is not giving up. The same tired and idiotic explanations for what is wrong with the economy and what the economy needs are regurgitated with numbness-inducing persistency: The economy is in need of more, wait for it, “demand”. Not necessarily your demand [...]

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