Following in the footsteps of Zimbabwe and Venezuela, the United Kingdom announced it will turn to monetary finance for its Coronacrisis spending. So, what exactly is monetary finance? Why has the UK started using it? And will it lead to hyperinflation? If you prefer to consume this story in video... [Read More]

With the Coronavirus ravaging the global economy, central banks have once upon called upon to save the it with policies such as interest rate cuts, quantitative easing, and helicopter money. But before getting into the more exotic policies, this post will cover how central banks control the money supply using... [Read More]

Many economic textbooks and popular YouTube movies teach an outdated theory about how banks create money. This post covers what is wrong with it, The outdated money theory is known as the money multiplier theory and it is closely related to the idea of fractional reserve banking. While this theory... [Read More]

When it comes to the economic fallout of the Coronavirus, the Dutch economy is not as robust as you might think and is at a high risk of a sustained slump. If you prefer to consume this story in video format, check it out here: These last few years, the... [Read More]

In 2011, the Eurozone was almost broken up in a period of time that came to be known as the Euro crisis. Now, with Europe being at the centre of a new major Covid19 outbreak, economists and investors are wondering whether it will trigger a new Euro crisis. Will the... [Read More]