EM Inflation: Is the Scare Temporary?

25 June 2021 Despite US Federal Reserve Chairman Powell's attempts to reassure investors, financial markets are concerned about inflation. Likewise, price growth has accelerated in key emerging market countries. In response, central banks in Brazil, Russia, Mexico, and Turkey have already begun to tighten monetary conditions. Is Emerging Market inflation temporary? That is, does it [...]

Bitcoin: What it Is, and What It’s Not!

20 May 2021 In the next few weeks, I will consider the future of money. In particular, I will evaluate the evolution of Central Bank Digital Currencies (CBDC), as well as the potential role crypto-currencies may play in the future monetary system. Today, let's deal with the elephant in the room: Bitcoin! The world's largest [...]