Does the value of money matter? This is the primary divide between left and right wing economics. To the Conservative, the idea that old money becomes inflated away is an anathema. To the Progressive minded, the idea that there is no social churn, allowing social mobility upward is worth it but still possibly hopes that …
Month: April 2013
The Price of Gold
The price of gold was once $35/oz. Last time I looked it was looking like it would exceed $1900/oz. And now it is falling past $1,500/oz. The taxing of bank accounts by Cyprus has sent a shudder down the spine of the very wealthy who believe tax shelters provide a safe haven. However, without Government …
Soros
George Soros argues that Angela Merkel's German Led Austerity is the wrong medicine for Europe.
Social Economics
The blood supply can suffer from pressure or the lack of it. A well beating heart is the key to health and the functions of all parts of the body. The ancients bleed the system when pressure got too much risking ruptures or arrhythmia A single point of failure is risky. By putting pumps all over …
Trident
The problem with Cameron's argument is that a nuclear weapon is only effective if you do not use it. Can you imagine a non-nuclear state being attacked by a nuclear state? Can Cameron imagine giving the order if he was told that a possibly nuclear missile was headed toward Newcastle? How would he respond? …
South Korea’s war words
South Korea to react without hesitation is the response of South Korea to the sabre rattling from the North Koreans. One of the world's largest armies against one of the most technologically advanced backed by the USA in no uncertain terms. Some needs to find an olive branch. Nobody will gain by a sudden breakout of …
The secret of economic growth
Economic arguments polarise into Right vs Left arguments. How about recognition that our democracy allows change and adapting to the environment is what we need to do more of. What are we, the British public, doing to export more? Businesses need to take note that tax-haven economies are inherently unstable and can go belly-up. Governments …