Archive for January 22nd, 2015

What if Utah breaks from American Monetary Union and introduces its own currency?

January 22, 2015

The Swiss shock has again led free banking scholars to come out and attack the hallowed world of central banking. The free banking scholars prefer to abandon central banks and let banks introduce their own currencspeaks oaies.

Ryan Mcmacen has this interesting column on the topic. He mentions Utah which did introduce its own currency albeit in a limited way in 2011:

(more…)

Advertisements

Growing disconnect between Indian economy and its stock market..

January 22, 2015

Markets keep zooming as if economy is on fire. Mere mention of our economy “expected” to grow faster than China is enough to send bulls on a rampage. And that too by agencies whose predictions are as good as neighborhood pan store person.

Rahul Jacob of BS has a nice article in this regard:

(more…)

How small Mutual Funds are innovating and striving to stay relevant in an industry dominated by large players..

January 22, 2015

Nice story on how certain small mutual funds in India are trying to survive in a market owned by few large players.

All these stories are really ironical in a way. You hear any MF manager and he will talk of the need for introducing competition in the sector and having more players and so on. But their own sector is concentrated:

(more…)


%d bloggers like this: