VAR on VAR- Trump!
For those of us who were wrong about the US presidential election, it is worth suppressing emotional reactions, at least for a month or...
Demonetization- Is it a welfare shock?
Since 8th of November, the day Prime Minister Narendra Modi announced demonetization of Rs 500 and 1000 currency notes, social media has...
What Makes Money Worth Anything?
I am completely fascinated by the concept of money. What makes a picture of our first president on a piece of paper worth a dollar? I...
Global Financial Crisis, corporate governance and the three-lines-of-defense model
Since the Global Financial Crisis (GFC) of 2007–09, the design and implementation of internal control systems has attracted serious...
Part 3: Fed Ends Zero-Rate Era (History)
How did it all start: In August 2010, the Fed pivoted from policies aimed at normalizing financial markets to actions that would allow it...
Part 2: Fed Ends Zero-Rate Era (Winners & Losers)
Lets see the impact on economies and industries: Economies: Winners: Winners will be countries “with low inflation who are large...
Fed Ends Zero-Rate Era; Signals 4 Quarter-Point Increases in 2016
Aryabhatta, a 5th century AD mathematician from India, is credited with formally introducing the currently prevalent usage of zero as...
