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Investment-related comment, inspired by macro-economic and political developments.

** Disclaimer: none of this should be taken as investment advice.**

The fate of “E-gold” as a warning to cryptocurrencies

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The large gains in the price of bitcoin over the last year have once again increased attention for this so-called "crypto currency". Meanwhile, however,...

Mapping the erosion of trust in the ECB

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By Gunther Schnabl, Professor of Economic Policy and International Economics at Leipzig University Last fall, the president of the European Central Bank (ECB), Christine Largarde,...
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