What does the close relationship between Prime Minister, David Cameron, and mathematician and philosopher Nasim Taleb mean for UK economic policy? And if Mr Taleb's theories on Black Swans, risk and debt are being absorbed by the PM, what are the implications be for savers and investors?
Last month the Bank of England announced another £50 billion of Quantitative Easing (QE), taking the total since the start of QE in March 2009 to £325 billion. The reason for more QE cited by the Bank of England is to stimulate the economy. However when we look into how QE works we will come to the conclusion that this is not the case at all.
Central banking, its intellectual foundations and its most powerful agents today... what does it all mean? We take a good look at the Bernanke Fed and the cartel of central banks, and wonder whether we are being well lead by our financial captains. Read on to learn more and see how these issues are linked to the gold price.