The sole use of money is to circulate consumable goods. Those are the words of Adam Smith. It was a throwaway line in Wealth of Nations so over-the-top obvious was it. Money only has a purpose insofar

The Only Closed Economy is the World Economy While the Sassoon family is most associated with London today, its grand commercial history goes back many, many centuries. The family first reached prominence

Brexit Bill becomes law, the UK is now preparing to leave the EU. Consumer confidence takes a dive. An end of an era, Toys R Us will be closing its last store. Housing prices are now starting to deflate,

KARACHI: The State Bank announced monetary policy for the next two months, with a rate of interest rate of 6 percent. While doing a press conference in Karachi, Governor State Bank Tariq Bajwa announced

Central banks will eventually have to grapple with the powerful challenge that blockchain has thrown at the traditional monetary systems The previous instalment of Cafe Economics focused on the fragile

Imagine if I was to go country by country and post the tax & fees hikes, cost of living hikes, the depreciating wages, the volatile currency valuations, the failing pension funds, the austerity policies,

As the endless, endless debate on central banks' optimal interest rates, inflation targeting, monetary tightening, or "removal" of monetary accommodation policies continues on... and on... and on... realize