Monthly Archives: June 2011

Dollar seen losing global reserve status – FT.com http://on.ft.com/ivSPA9

Dollar seen losing global reserve status – FT.com http://on.ft.com/ivSPA9






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The Triffin Dilemma

In reference to my previous post concerning the euro crisis and the US dollar, I thought it might be a good idea to post some snippets from my book which are dealing with the Triffin dilemma. So here goes: [book … Continue reading






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Greece crisis: What now for the euro project?

The BBC compiled a good overview of various expert’s opinions about the euro’s future. I would agree with Professor Iain Begg, Professor Charles Wyplosz and Holger Schmieding: The euro will survive, as this crisis is creating the political will and … Continue reading






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Gold vs. Dollar – Breaking news: US restraining trade in gold!

I just got note (see below) that the USA has enacted new regulation which will restrain the trade in precious metals, making it illegal to trade gold and silver on a leveraged basis (“margin trading”) while this will still be allowed … Continue reading






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“CLASH of CURRENCIES”: The book’s synopsis.

Actually, the story of today’s financial crisis started some 65 years ago. To be precise: during the night of July 13th and 14th, 1944. For it was during that night that the US, and even today this fact is still … Continue reading






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What’s so special about the global currency that was proposed be the UK?

[An excerpt from the book’s chapter about Keynes’ “International Clearing Union” and its “supranational” currency “bancor”.] International Liquidity The International Clearing Union would supply international liquidity by allowing each member overdraft facilities expressed in bancor. The amount of bancor available … Continue reading






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What is money? Why do we need money?

[Taken from the first chapter of the book] As early as kindergarten children learn that whoever wants to have a strawberry ice cream needs to have money first. While most of us one day astonishingly find out, that electricity is … Continue reading






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Cover for the English edition

Here’s the cover for the English ebook. What’s your take on it?  






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Hello world!

… just opened this blog. Now: homework to do …






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