Category Archives: On the cover

On the cover

Escape from the Central Bank Trap

My book “Escape from the Central Bank Trap” is available now on my Amazon Page.

Article published at the World Economic Forum.

The unprecedented monetary expansion we have witnessed in the past years is on track to put the balance sheet of some of these central banks at 20% to 100% of the GDP of their countries. Massive monetary stimulus and more than 600 interest-rate cuts have been drivers to support a global recovery. But the risks cannot be underestimated.

Continue reading Escape from the Central Bank Trap

Climate Summit And Social Responsibility

Do not worry about those who make catastrophic predictions. The history of blunders of the end-of-the-world doomsayers is so vast that only a politician could ignore them. Let us remember that, according to “scientific analysis” of a few decades ago, we would have run out of oil and water already seventeen years ago. Ignoring efficiency, technology and substitution is the favorite hobby of subsidy collectors.

Continue reading Climate Summit And Social Responsibility