America’s Gold Mirage: The $1 Trillion Ghost Asset
The US Treasury’s gold reserves have supposedly smashed through the $1 trillion mark—more than 90 times the amount recorded on the government’s balance sheet—as the...
Tag: Central Bank
Chinese Banks at the Heart of the Recovery Plan
Chinese state banks are following the path set by the Chinese party, devoting a significant portion of their energy and margin to boost domestic consumption....
Asian central banks are rebuilding their reserves, betting on a further hike in U.S. rates
India is leading the charge among central banks in emerging Asian markets in rebuilding currency stocks. Since last October, the region’s countries have strengthened their...
A new world
After the shocks of 2022, a recession for large parts of the world in 2023 seems inevitable. More difficult is to assess the long-term impact...
Une nouvelle guerre des devises ?
Les banquiers centraux désespérés pour maîtriser la marche incessante de l’inflation ont commencé à envoyer des signaux qu’ils accueilleraient non sans déplaisir une monnaie plus...