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MACRO WATCH

The nature of our economic system changed in 1968 when the United States stopped backing dollars with gold.

In this new age of fiat money, credit growth drives economic growth, liquidity determines the direction of asset prices and the government controls both through aggressive policy intervention.

Macro Watch analyzes trends in credit growth, liquidity and government policy with the goal of anticipating economic developments and their impact on the financial markets.

Richard Duncan, the course instructor, intends to publish four issues of Macro Watch a year. Each issue will contain original analysis pertaining to economic and financial developments as they unfold. Each issue will be sold separately.

Macro Watch First Quarter 2014 is this second in this series. It is comprised of six lectures and is over one hour and a half in length.

تحديث بتاريخ 21 May, 2018
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