Andy Bebut

Fukushima and China

In the western world the consciousness of the catastrophic effect of any tragedy similar to Fukushima usually fades fast. A few months, half a year is usually all it takes. However this time is different– those famous 4 words. Or maybe not? The 1…

Cathartic monetary disorder, Part III

In the part 2 I was discussing the dollar peg. Today the topic is the dollar sterilization. How does sterilization work? In order to avoid excessive inflation Chinese dollar asset purchases must be sterilized. It is done by increasing bank reserve requ…

Cathartic monetary disorder, part II

In part 1 of this article I wrote that I believe in strong monetary cooperation between all three reserve currency stakeholders:  the USA, Europe and Japan. As Japan is suffering the most from deflation it got carte blanche from other two to engage in…

Cathartic monetary disorder, part I

Nobody knows what will happen. The discrepancies of economic predictions are at a record high. From deflation to hyperinflation, from the Euro getting destroyed to the dollar death cross, from idiotic “new normal” to idiotic Ken Fisher. But…

Austerity and Prosperity

The question being asked again and again to almost every guest on Bloomberg radio in the past few weeks is: should we turn toward fiscal prudence or should we stimulate the economy no matter how large the deficit will be? The answers split, though it…

Greece: too much information

Greece is virtually falling apart but nobody’s watching. Today I’ve spent 15 minutes listening the Jim Cramer show, (which was quite an accomplishment). He did not mention Greece in the first 15 minutes (he later answered to my tweet and c…