The Trader 

Finance is being turned on its head

The Trader

Finance is being turned on its head

When many want to borrow money the cost of doing so, the rate of interest, goes up. Wrong. When there is full employment, employees will ask for more money and inflation rises. Wrong. Trade is a good thing and improves peoples’ lives. Not so sure. If I can afford it, I should have it. Really? Many long-held assumptions and economic models are turning out to be mere mantra, and do not stand up to scrutiny.

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