We could be on the cusp of an engineered financial crisis. The free market mechanism which facilitated an equilibrium price, price discovery, has been hijacked by the central bank’s planned central pricing policy. The world’s central banks sit in the cockpit and determine the trajectory of asset prices through their unprecedented monetary easing policy. As …
Monetary policy lunacy
Doubling down on monetary policy lunacy could be the central bank’s next move, but it will be to no avail, as Darren Winters explains. Negative Interest Rate Policy (NIRP) has had no positive impact on economic activity in Japan and Europe. The BoJ’s has kept it’s key short term interest rates near a record low …
Big pharma moves into Cannabis
Big pharma moves into Cannabis. As Darren Winters explains, the global pharmaceutical industry, known as Big Pharma, is now seriously eyeing the cannabis market as evidence of cannabis increases. It is anticipated that as big pharma moves into cannabis it will transform the cannabis industry The cannabis business has been heavily stigmatized. So big pharma …
Brexit Saga
The Brexit saga continues. As Darren Winters explains, the pound has hit a 31 year low against a basket of currencies. Put bluntly, Brexit is making Britain poorer and to argue otherwise would be a fiction. The Brexit saga is the latest example which proves that no country has been able to successful depreciate its …