Economic Theory


Daily News Roundup 2012: Tuesday 20 March

Good morning The headlines: Today is the day after March 19th: the ISDA of March (four days after the ides of March – historians, take note). The credit-default swap option auction took place. Dealers agreed to a final value for Greek Bonds of 21.5% of face value at auction. This means that the CDS sellers […]

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inflatation tax

Inflation: Yes, It’s a Tax

It's a tax on cash.

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