Browsing Tag

hyperinflation

Argentina’s devaluation backfires

Back in early December the government of Argentina raised taxes on credit card purchases in foreign currency to 35% from 20%. Online Christmas shopping abroad became increasingly expensive. However, dollars continued to flow out of the…

Investing tips from Hugh Hendry

This is a good interview with Hugh Hendry, who I always enjoy. It runs twenty minutes.Hugh Hendry, of Eclectica Asset Management, takes the long view on investing at The Economist's Buttonwood Gathering on October 25th 2012. He was…

Banking Wasn’t Meant to Be Like This

the banks now browbeat governments – not by having ready cash but by threatening to go bust and drag the economy down with them if they are not given control of public tax policy, spending and planning. The process has gone furthest in the…
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