ASIA:   Haruhiko Kuroda, the BoJ’s longest-serving governor who will step down in April, last week defied market pressure and kept the key pillars of his monetary easing programme unchanged, stressing that wage growth was not sufficient despite the global inflation shock. Suntory Holdings, the drinks group behind Jim Beam and Yamazaki, aims to raise […]

Some people have written in and said I am just a Republican and I hate California. Sorry, I consider myself in the middle. I disagree with a lot on the Republican side as well. Simply put, the government should NOT be in the business of trying to manipulate society any more than the Investment Banks […]

ASIA: The Bank of Japan should let government bond yields move more flexibly and be ready to raise short-term interest rates swiftly if “significant” upside risks to inflation materialize, the International Monetary Fund (IMF) said on Thursday. In a proposal after an annual policy consultation with Japan, the IMF said the central bank’s ultra-loose monetary […]

QUESTION: Why do you buy hoards? It is interesting. Just curious. JY ANSWER: The coinage is the ONLY way to truly confirm the history. Much of the most important periods like the 3rd century AD, the fall of the Republic, or the Revolution during the Debt Crisis of the 1st century BC known as the […]

COMMENT: Hi Marty, I wonder if the downside of the US occupation of Europe since WW2 and US subsidization of military aid has produced a culture of pacifism. Germany’s reluctance to supply tanks to Ukraine suggests other motives. The media focuses more on Russia and internal dissent against Putin. One reads about defections and men trying […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 95.82 points or 0.35% to 27,395.01 Shanghai closed Hang Seng closed ASX 200 decreased 22.10 points or -0.30% to 7,468.30 Kospi closed SENSEX decreased 773.69 points or -1.27% to 60,205.06 Nifty50 decreased 226.35 points or -1.25% to 17,891.95     […]

QUESTION: Dear Martin Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system? Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension systems. I assume, there might be big differences between countries. Many thanks and best regards, R. ANSWER: […]

  Let’s get real. Washington DC was built on hypocrisy. No matter what decade you look at we find that perhaps more than any other setting, the political environment has always been characterized by organized hypocrisy. Now with the blow-up of Biden having classified materials, Hillary’s private server had classified documents. Now you have people […]

ASIA: India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking a slowdown from its estimate for the current fiscal year due to the prospect of weak exports, two government officials said. Nominal GDP growth — which includes inflation and is the benchmark […]

There are some who are claiming that the revision of the CPI is to help the Federal Reserve stop fighting inflation. This is typical for Americans who only watch the Fed and nothing else. The formula for the CPI has been routinely altered. Real Estate used to be included but when that was rising too […]