How Is Bitcoin Different From The Dollar?
As Bitcoin goes through another day of crazy price fluctuations and huge publicity, this time courtesy of the U.S. Senate, I recommend two […]
Banking, Central Banks
Central Banks
Central Banks, Euro Crisis, Irish Economy
Ireland Exits Bailout With No Backstop: A Good News Story?
After years of turmoil, Europe seems to finally have a good news story. Ireland will be the first of country to
Banking, Central Banks, Euro Crisis
Mr Draghi, The Vicious Circle And The Stress Tests
I was in Brussels on Monday and attended the European Parliament’s Economic and Monetary Affairs Committee for its latest meeting
Central Banks, Euro Crisis
Time For ECB To Agree A New Plan For Cyprus
Some thoughts on where things stand in Cyprus including the parallels between Ireland’s treatment of Anglo’s debts and the current
Central Banks
When Nassim Taleb Attacks
A report on my bizarre Twitter mauling at the hands of none other than Nassim Nicholas Taleb.
Banking, Central Banks, Euro Crisis
Has Cyprus Already Left the Euro?
In the presentation I gave last month on potential euro breakup scenarios, I flagged the introduction of capital controls in
Banking, Central Banks, Euro Crisis
Whatever It Takes? Cyprus and the Euro on the Brink
My latest thoughts: Is Draghi really going to save the euro after this week’s events.
Central Banks, Euro Crisis
Revised TARGET2 Paper & Implications for ECB of Cyprus Exit
I’ve updated my TARGET2 paper. Here is a post with a link to the new paper and a discussion relating
Central Banks, US Economy
Is the Fed Going to Go Bust?
While the Federal Reserve’s quantitative easing program has not yet caused an increase in inflation, many are concerned that the
Banking, Central Banks
IBRC: Honey I Shrunk the Equity!
A post about the disappearance of IBRC’s equity that occurred via the promissory note bond swap.