Which “Ism”? Capitalism, communism or Keynesianism.

Adam Smith, the father of capitalist theory and modern economics, proposed in his book “The Wealth of Nations” in 1776 a different capitalism that could work for the common good if the market was left to regulate itself without government interference. Since its inception, capitalism has never worked as Smith envisioned. It has been just […]

Gold means stability.

A lot of discussions in the news about the potential return to the gold standard after the collapse of the dollar or the petro-dollar standard. The fact of the matter is that central banks love booms and busts. Gold prevents them from booming and busting the markets. Gold cannot be printed from thin air. It’s […]

On Gold

I do not think that I would add up much to the precious conversation about the importance of gold in good and bad times. However, I strongly believe that the power of questions raises awareness which is always needed.   Why humans throughout history never swayed from gold?   Why do all the central banks hoard and preserve gold?   Why do all investors diversify […]

The world post corona

Following WW2, a bunch of international bodies and vehicles emerge to recalibrate the world. The United Nations, IMF, the World Bank, Security Council, WHO and dollar as the world reserve currency.   What would emerge after corona? I doubt peace and harmony would prevail. The evidence is the major economic crises post WW2. OPEC oil price shock (1973). Asian financial […]

Mass Psychology 

One of the most startling aspects of mass psychology is that people blindly conform to accepted norms, ideas, hypotheses and thinking as right. The group ability to question gradually weakens because these concepts and ideas are already inherited as right and unquestionable.   Conformity is about compliance which is very risky. It diminishes the ability to […]