Before this question is answered, it is important to understand what the proper ‘supply’ of money means.
As many Western economists incorrectly point out, the benefits of fiat currency is the ability to for the money supply to ‘expand’ or ‘grow’. Many sorts of criteria have been put forward: that money should move in accordance with [...]

For all of the biting rhetoric that is thrown against the US, it is seemingly a point of embarrassment, that nearly every nation in the world is forlorn by its tie to the US dollar. The dollar is the tell-tale mark left on confrontations and wars in every continent, it is the multiplier of force [...]

I apologise for not posting on the blog for so long. Truth be told, I’m just bogged down with work. Not in the normal sense of  ‘hey, big project deadline coming up’. No, I wish. More like ‘OMG, I’m going to lose my job, let me work my pants off’ type.
About 6 weeks ago, I [...]

I recently signed up to Stratfor ($99 offer). I’ve become a bit of a ‘financial crisis’ junkie, partly because following the news and events on such an issue is a little like missing an episode of a serialised cop/crime drama – miss an episode, and you miss out. There are also few out there that [...]

One of our contributors has been moonlighting elsewhere, tut tut.
The extraordinary demise of two the largest investment banks in the world, the nationalisation of insurer AIG and the shotgun marriage of HBOS and Lloyds TSB, in all has brought the number of banks and lenders that have fallen victim to the sub-prime crash to a [...]

Part 1 can be found here
In this post Insha’Allah, I’ll be having a brief look at the concept of currencies, and the history of money. This is still just a preliminary glimpse into the whole subject field.
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Earlier this week Zimbabwe announced their latest note, which has a face value of 100 Billion dollars. One could [...]