Fall of the Japanese Yen

The Yen. Once one of the world’s most respected currencies is no longer a safe haven. In times of geopolitical and economic uncertainty, foreign governments and investors often sought the Yen; the Ukrainian-Russian conflict has spelt an end to this. The nominal exchange rate of the Yen took a sharp dive following the beginning ofContinue reading “Fall of the Japanese Yen”

Macron’s reforms

Elected with the promise of liberalising the French economy, Macron has brought a wave of economic growth and prosperity to a previously fraught economy. Following the 2008 Financial Crisis, France suffered under successive Presidents who struggled to grapple with its aftermath; the unemployment rate refused to fall below 9%, rising to 11% under Socialist PresidentContinue reading “Macron’s reforms”

Germany’s roaring ’30s

The 1930s were a time of economic peril and misery for most nations globally. In the US, the period came to be the ‘Great Depression’ as living standards plummeted following the sharp decline in the money supply that started the decade. The same was true of the UK, as harsh austerity measures put in placeContinue reading “Germany’s roaring ’30s”

Inflation in 2022

Inflation is skyrocketing in most developed countries. In the US, inflation climbed above 8% in January for the first time since the 1980s; in the UK, inflation reached 6% in March 2022 – a first in 30 years. Whilst, the recent spike in prices can be attributed to a combination of supply chain shocks andContinue reading “Inflation in 2022”