English
The European Union’s Carbon Border Adjustment Mechanism tariff (CBAM) aims to integrate climate action with trade regulations, but the approach is not without potential repercussions. On October 1, 2023, the first transitional phase of CBAM came into effect. For now, it will only apply to certain goods: cement, iron and steel, aluminum, fertilizers, electricity and […]
Over the past 25 years, total government debt in the United States has increased significantly, from about $10 trillion in 2008 to about $33 trillion in 2023. That is a 130 percent rise, net of consumer price index inflation. The size of the economy has certainly grown as well, but not enough to offset the […]
“Historic!” trumpeted Thierry Breton, the European Commissioner for Internal Market, in a statement extolling new comprehensive regulations over artificial intelligence (AI) that in his words would make Europe “the first continent to set clear rules” for the technology. The assumption is that the European Union, having approved the rules in December, is blazing a trail […]
Ronnie Stoeferle: “This quarter’s advisory board we want to welcome our special guest, Lyn Alden. Lyn is a widely followed macroeconomic analyst who provides research for retail and institutional investors. Her focus is on the analysis of monetary systems and energy markets.” We discuss: 5:30 Why Lyn called her book “Broken Money”. 15:50 How Lyn’s […]
Key Take Aways: Lyn’s new book, “Broken Money”, explores the past, present, and future of money through a technological Emphasizing the impact of inventions like the telegraph on monetary history, the book delves into the evolving nature of currency, from credit theories to contemporary innovations like Bitcoin, stable coins, and the potential for global […]