How the central banks destruct wealth

You know I’m not a big supporter of the current monetary policy executed by the central banks around the world. What is happening at the moment is nothing more and nothing less than destructing wealth. By doing so the central banks are actually claiming the...

Banks are just normal businesses

If we look at the special treatment financial institutions (like banks0 get it is good to realize that they are just normal businesses. So let’s have some looks. If you are running a business you have a relative highrisk to failure. With businesses, it shows up...

In what direction will Brazil head

Bolsonaro is called the Trump of Brasil. There are a few things they have in common. But they are not completely the same. Both are considered as unfit to serve the office. Both are having his opponents march on the street. In the USA the NeverTrump and he never...
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