We engage to mitigate fear … Government is the result of a need held by traders. People have no reason … More
Tag: currency
Commentary: Quick thought on Barbados
When Barbados dumped Queen Elizabeth II as their head of state, there were concerns that the move was a precursor … More
How and why traders should distinguish between “money” and “currency.”
Introduction In my last blog post, I commented on the improbability of the American government supporting an environment that would … More
Retail traders fail because they are not necessary to the circulation of currency
The retail trader is not an integral component of this information flow. To the extent that she creates a market for a commodity, currency, that otherwise has no intrinsic value so that the transactions he engages in creates profits for a counterparty bank and taxes for the government is about as far as her relevance goes.
How can the private sector help government navigate an uncertain second half of the 21st century?
As I shared in my last post, I see the current conflict in eastern Europe as a milestone in the … More
Will isolationism force the U.S. government’s currency to compete with other domestic currencies?
Over the past month, Americans have been moving their attention from the pandemic to the war in eastern Europe. Not … More
The Caribbean: Foreign exchange rates as of 10:15 am AST
Currency Pair 14 March 2022 15 March 2022 16 March 2022 17 March 2022 18 March 2022 USD/BSD 1.0000 1.0000 … More
Part of reading the United States’ currency value is reading the underlying shift in its cultural values.
Commentary The United States is at a crossroads in terms of its culture. A corporate democracy such as this one … More
The J-Cubed Corporation and its discount currency …
The J-Cubed Corporation (Jay Powell, Janet Yellen, and Joe Biden) are responsible for wholesale production of a currency ( a … More
Contracting out the circulation of the U.S. political economy’s currency … and the never-ending threat of intervention
Article I, Section 8 of the United States Constitution describes Congress’ duty to regulate money. Specifically, Congress has the duty … More
Alton Drew's The Interbank Market 