Weaker Pound Showing to Cause Little Positive Effect on UK Exports
Saturday, 03. 14. 2009 – Category: Uncategorized
If the hope that a weaker pound would provide a boost to UK exports, to date there are very few signs around that this will be the case for the near future.
In truth since the dramatic decrease in the value of Sterling on the global financial stage, the UK’s trade deficit seems to widening. Figures [...]
The Evils of Inflated Credit
Thursday, 03. 12. 2009 – Category: Uncategorized
The questions of currency and credit are closely interlinked. The inflation of credit does not necessarily lead to inflated currency, and deflated credit does not necessarily lead to deflation of currency, provided the balancing act is done carefully. A spanner in the works can cause all sorts of problems.
It could be argued that the inflated [...]