The one thing holding the whole damn financial system together
From the goldsmiths who paved the way for modern currency, to the zealots pushing bitcoin’s potential, the common denominator holding up the fabric of the entire economic system is trust. But what underpins that trust?
Central banks wield weapon of choice in the inflation battle
The use of interest rates by the RBA and other central banks as a means to tackle inflation is a critical economic mechanism, writes adviser David Simon. The importance of monitoring and managing this “silent enemy” cannot be understated.