A record quantity of $50 bills was printed in the United States last year. We’re talking about a total of 756,096,000 bills printed in a single year. This represents the highest printing of $50 bills in the past 40 years … LIRE LA SUITE →
Monkey Money
As most currencies are falling down a cliff, it is not hard to imagine that we will, from now on, be stuck with “monkey money”. But where did this expression come from?… LIRE LA SUITE →
When the Lights Go Out
How can we trust reign if contracts are no longer honored?… LIRE LA SUITE →
The Dam
There are two categories of lakes: natural lakes, which have a life expectancy of millions of years, and artificial lakes, formed by a dam, and whose lifespan is limited to the dam’s one. If you had to build a cottage … LIRE LA SUITE →
Broken Bottles
As with alcohol, the effects of monetary expansion are initially pleasant, if not exhilarating. Economy and finance are enjoying their new cocktail together … until inflation kicks in.
At first, the party’s hosts (the financial authorities) seek to deny the … LIRE LA SUITE →
The Cauldron
The authorities’ rhetoric is that the current inflation is transitory. But how can we imagine that this phenomenon will return to normal as the excessive money printing that causes it continues? When market players understand that the situation is not … LIRE LA SUITE →
A Safe Haven
The massive printing of new dollars in the past year has set the stage for a possible dramatic rise in inflation that could cause our currency to lose much value. In such a scenario, where would the safe havens be? … LIRE LA SUITE →