Alasdair Macleod is the Head of Research at GoldMoney.
Money and BanksCapital and Interest TheoryMoney and Banking
Ignoring time preference is the fundamental error behind monetary planning. It is why in a successful economy, monetary intervention by the state is kept to a bare minimum, or preferably banished altogether.
Booms and BustsGlobal EconomyProtectionism and Free Trade
It is the lethal combination of tariffs and the end of the expansionary phase of the credit cycle which should concern us.
Mrs May’s initial error was to seek consensus between Remainers and Brexiteers.
Huawei’s 5G global ambitions, coupled with the global trade effort known as the "Belt and Road Initiative" means the US government is motivated to undermine Hong Kong's monetary stability.
Big GovernmentGlobal EconomyPolitical Theory