Welcome to a very brief overview of recent market performance. The essentials are captured in the table below and each week we will show a chart of interest. Lift-off: Gold took off last week in the wake of the FOMC meeting midweek, after which the Fed Chair Jerome Powell left the door open for at […]
The Harsh effects of Hyperinflation
As with most economic situations, there are winners and losers, but under the hyperinflationary conditions, there is only one side to that equation where most people end up, and that is the side of the “loser”. As the money becomes worthless, people with savings suddenly realise that their savings are now worthless. Hyperinflation is […]
Paper money eventually returns to its intrinsic value:zero
Forgot the law of supply and demand, the devaluation of fiat money is a much simpler equation. The simple answer is when you print more money, there is more money pursuing the same things. The net effect is that the prices rise. That means each unit of the currency can now acquire fewer goods, hence […]