MONETARY CURRENT

Robert Fredericks
Keeping a wary eye on monetary and fiscal policy of governments and central banks around the world.
Created 18 Sep 2021
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  • The COMEX System
    09 Jan 2022 • 4 min read • 1 0
    When the Oil Price Went Negative Many of you remember that strange day in April of 2020 when the oil price went negative. Robert Wenzel, rest in peace, had put together a great breakdown of what was g...
  • Turkish Government Scrambles to Save the Lira
    03 Jan 2022 • 3 min read • 1 0
    Photo by Devin_Smith The period over the last 4 months or so has been a roller coaster ride for the Turkish currency — the lira (TRY). On December 20th, amidst the panic of the currency rapidly losing...
  • Malaysian Price Controls
    02 Jan 2022 • 1 min read • 1 0
    Photo by JoelMontes Malaysia, like many other countries, is facing skyrocketing prices of essential goods. And like many other countries, has fallen prey to the temptation of price controls. The local...
  • IRS Wants a Cut of Stolen Loot
    01 Jan 2022 • 1 min read
    It is becoming increasingly difficult to determine what is real in this world. I came across the below tweet today and thought, surely, this isn’t real. 🌴 Josh Lekach 🌴 @JoshLekach This is real Dece...
  • El Banco de México Wants a Digital Currency of Its Own
    31 Dec 2021 • 1 min read
    The Mexican government has recently announced that they aim to create their very own Central Bank Digital Currency (CBDC) by the year 2024. Mexico is joining the growing list of governments worldwide ...
  • Price Control Temptation
    30 Dec 2021 • 3 min read • 1 0
    Photo by chimpwithcan A few months ago, I wrote about the destructiveness of price controls and highlighted various government price control plans around the world at that time. Unfortunately, as glob...
  • Is Lego A Better Investment Than Gold?
    29 Dec 2021 • 2 min read • 1 0
    Lego Gold Brick - Photo by Antonio Manfredonio My kids, like so many others, are Lego fanatics. As it goes every year, they each received a few Lego sets from Santa and others this Christmas. If you’v...
  • The Definition of Inflation
    27 Dec 2021 • 4 min read
    Photo by CollegeDegrees360 This morning, I came across this article titled, “Businesses Have Manufactured Inflation Fear to Protect Profits Amid Rising Wages.” My initial reaction from reading the hea...
  • Ruler of Dubai Pays Record-Breaking Divorce Settlement
    22 Dec 2021 • 3 min read • 1 0
    Photo by DrJohnBullas I don’t normally follow these types of stories, but this one just called to me. I caught a headline that said, “Dubai Ruler Ordered to Pay More Than $728 Million in Divorce Settl...
  • The Turkish Lira Roller Coaster
    21 Dec 2021 • 2 min read • 1 0
    Photo by Jim Grady The Turkish currency — the lira (TRY) — has been increasingly losing value over the last half-century due to a history of typical government currency devaluation. But, this is a lon...
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