At the last meeting of the Board of the Central Bank of the Russian Federation this year, it was decided to leave the key interest rate unchanged – at the level of 21%. This came as a surprise: most analysts were confident that the regulator would continue to tighten monetary policy and increase the index …
Category: Proposed Fiscal Policies
fiscal analysis
FED – Cuts interest rates by 0.25% to a range of 4.25% to 4.50% – Forecast for two 0.25% cuts in 2025
The Federal Reserve (Fed) cut interest rates by 25 basis points to a range of 4.25% to 4.50%, confirming forecasts. At the same time, central bankers now predict that the central bank will proceed with only two 25 basis point interest rate cuts in 2025. As the Monetary Policy Committee (FOMC) stated in its decision, …
China is turning its economy into a war economy to achieve global domination
Drones have already become a primary weapon, capable of taking out soldiers and tanks, as well as helping to spot artillery fire and provide a standard method of battlefield reconnaissance. Electronic warfare — the use of EM signals to disrupt drones’ communication with their pilots and GPS satellites — provides some protection against drones for …
The falsely called “primary surplus” of the Greek Government’s budget is a statistical trick
In the new budget submitted to Parliament, the deficit increases from 5.7 billion in 2024 to 5.9 billion in 2025. If all public bodies, legal entities, hospitals, social security funds (SSFs) and municipalities are included, some of which obviously have a surplus, then the deficit of the so-called General Government is limited to 1.4 billion …
Trump’s options to deflate Μarket Βubbles
As future Secretary of Health and Human Services Robert Kennedy Jr. said, “a revolution is coming,” in reference to Trump’s election in the recent U.S. election. Depending on one’s political perspective, such a “revolution” is either music to the ears or “American-style fascism.” Nothing will change the polarized views of those who have already chosen …
Anger over high cost of living has brought down 70% of governments in developed countries
Donald Trump’s victory over Kamala Harris and the Democrats in the November 5 elections represents part of a broader phenomenon: Most governments in developed economies have been swept away by public anger over rising prices. And this despite the mainstream media and political elites saying that inflation has been… defeated and everything is returning to …
Money is credit – Currency depreciation is inflation & inflation is silent bankruptcy
The increased prices constitute a “hidden” tax for citizens and a means of state control of economic activity.
Russia will spend $535.5 million to replenish its reserves of precious metals – dedollarization
The question is whether a central bank – systematically indulging in unprecedented purchases of gold – can have the same strategy in other precious metals. The Russian government is considering spending 51 billion rubles ($535.5 million) over the next three years to replenish its reserves of precious metals. The figures come from figures in the …
Russia’s unknown movements in metals
Last week an article by the Russian news agency Interfax reported that the State Fund of Russia plans to acquire gold, silver, platinum, palladium and precious stones. Russia’s decision to add silver to its reserves sets it apart from most other central banks, which have focused heavily on hoarding gold while neglecting silver. Along with …
Global economic turmoil and geopolitical crisis since the Chinese recession
China is teetering on the brink of recession — excluding the Covid era, for the first time since 2008 — as new data showed industrial production shrank for a fourth straight month while new orders data was particularly weak. The above data are indications that China’s economic model, which was based on Simply put, weak …