trade Archives - Emile Woolf writes

Central banks – blundering masquerading as policy

By Emile Woolf [ECONOMIC PERSPECTIVES – 55] A couple of months back, in the context of blaming the government’s inflexibility for its failure to achieve a deal with the EU over Brexit, Jeremy Corbyn railed against the Tory Party, declaring that it “actually wants to turn this country into a deregulated, low-tax society that will […]

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Economic Perspectives: EU Membership – understanding the rules

EU MEMBERSHIP – UNDERSTANDING THE RULES While combatants wrestle over potential outcomes of the Brexit debate, we should recognise the part played in all these shenanigans by fear, borne of uncertainty. Many warnings against the dire consequences of leaving the EU have an emotional flavour not rooted in economic logic, while some Brexiteers counter such […]

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Economic Perspectives – 5 – The true interest rate story

ECONOMIC PERSPECTIVES 5 “Death by 1,000 cuts” This was the name given to the ancient Chinese method of torture and execution. It survives today as the role model for central bankers whose insidious cuts – in interest rates – are relentlessly destroying the life-blood of savings throughout the world. Collateral damage caused by this folly […]

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