Finances

The digital ruble - a means of control, but also capital redistribution

Russia Sergei Stepancev, TA Moscow - August 20, 2023.

Russia announced the successful pilot release of the digital ruble on August 15. According to the announcement, as the initial step, it will start selectively...

Governments never curb inflation because they benefit from it

Finances Daniel Lacalle - July 30, 2023.

Interventionists always blame inflation on everything and anything except the only thing that makes aggregate prices rise: Issuing more units of currency than the real...

When governments spend a lot, citizens save less

Finances Emre Alkin - July 8, 2023.

Margaret Thatcher said in the 1980s: “the state has no source of money other than the money people earn themselves. If the state wishes to...

Financial Literacy: wise use of credit will generate more assets

Finances Emre Alkin - June 24, 2023.

A few months ago, the “financial literacy week“ was launched under the auspices of the Credit Registry Bureau (KKB) of Turkey. The event was aimed to...

The Difference Between Strong Currency and Weak Currency

Finances Emre Alkin - June 10, 2023.

I have repeatedly written in my articles and books that those who seek economic factors behind the depreciation of a country’s currency are simply looking...

Debt ceiling crisis - expensive pre-election pressure from republicans

US Tomorrow's Affairs Staff - May 12, 2023.

In January US Treasury Secretary Janet Yellen has informed Congress that the government has reached the borrowing limit of about $31.4 trillion, and requested that...

Russian-Indian dispute over oil payments - the collapse of the idea of bypassing sanctions

Finances Tomorrow's Affairs Staff - May 6, 2023.

Russia's self-confidence that, despite Western sanctions, it can maintain its economy with the help of "friendly countries", has collapsed on trade cooperation with India. The Kremlin...

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