“Whoever controls oil, controls much more than oil.” John McCain Is the US losing its ability to control oil? Good morning, I’m Austerity Jones, and I am back with C Thomas Printer. The 150 year history of refining oil at the Philadelphia Energy Solutions refinery has come to an end as the refinery is being …
reserve currency
A perspective on what awaits us in the new year: Elon’s empire on the brink, oil price-supply&demand, geopolitics in China-Taiwan issue, other regional hostilities: Belarus-Ukraine, Kosovo-Serbia, and India-China, another potential hotspot: Ghana defaulting on its debt, and the big question mark: housing market. And finally, turbulences in the US: $545bn in interest in the $1.7tn …
The transition from the gold standard to the petrodollar. Thank you, US military. Good morning I’m Austerity Jones and I’m here with C Thomas Printer to discuss the transition of America from the gold standard to the petrodollar. C Thomas: Good morning Austerity. We have already looked at how most countries go off the gold …
We continue our discussion on the US Dollar’s future as the reserve currency. On this episode we mention world’s previous reserve currencies, how they started and ended. We then once again talk about the decision to stop the US Dollar being backed by the gold. Good Morning, I’m Austerity Jones and I am back with …
• What’s happening in the UK? • Can there be an alternative to US Dollar as the reserve currency? Good morning, I’m Austerity Jones and I am back with C Thomas Printer who again wants to talk about what is going on across the pond. What is this obsession with the UK C Thomas? C …
Bond yields are up, equities are down, foreign exchange markets worldwide are reeling under the strength of the dollar. We therefore touch upon Triffin’s Dilemma. Good morning, I’m Austerity Jones and wow, what a week in financial markets! Bond yields are up, equities are down. What are your thoughts C Thomas? C Thomas: I think …
Austerity and C Thomas compare today’s economy to the panic of 1837 Good morning! I’m Austerity Jones and I am joined today by C Thomas Printer as we take a look at the state of the economy. There are lots of analysts looking to the past to try and find clues to what this …