There are economic clichés that, through repetition, become unquestioned axioms. One of them is: “When there is war, gold goes up.” In the 1980s, during the...
There is no good time for an economy to face an energy- and food-price shock, but some moments are worse than others. And for the United...
When analyses by several publications examining Kevin Warsh’s interest-rate rhetoric over the past twenty years are read together with the comprehensive interviews he has given...
The Bank of Japan's (BoJ) decision to raise its key short-term interest rate from 0.5% to 0.75% may seem modest compared to levels in the...
I have held remarkably contradictory views about the staggering rise in gold prices this year, especially following the recent sharp reversal. On one hand, I would...
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