Category: monetary policy

A True Prisonerโ€™s Dilemma

Banks are no strangers to controversy โ€“ we only get a glimpse of their colossal levels of errors of judgement during times like the great financial crash of 2008. Most big banks have a mandate (without your consent) to use funds deposited to trade and participate in complex and highly risky investments like stocks, currencies,

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Elasticity and Sin Tax

We can change our dependence on certain goods and services so that we donโ€™t take too high a knock when their prices fluctuate. Life is about making choices. As rational beings, we tend to make the choices that benefit our wealth and well-being. But some options and choices have to be made on our behalf

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