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,

Continue reading


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

Continue reading