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My guest this week is Cristian Popa, the well-known and highly esteemed deputy governor of the National Bank of Romania between 1998 and 2014. RC: Cristi, thank you for the kindness of accepting my invitation. In your opinion, are cryptocurrencies…
Read moreThis post will fuel conspiracy theorising. But I cannot help noting an effort, apparently concerted, to drive the price of Bitcoin up and prevent its spectacular falls as it happened on more than one occasion in the past. Since investor…
Read moreIn the past year a ghost has been haunting the public debate. Its name is “The Great Reset”, a concept talked about ever since the 2020 World Economic Forum (WEF) at Davos. It subsequently became the preferred topic of conspiracy…
Read moreTesla and Bitcoin, two extremely popular brands share a common trait: their skyrocketing market value. Since the beginning of 2020, Tesla`s share price has increased ninefold resulting in an overall value higher than that of Toyota, Volkswagen, Daimler, General Motors,…
Read moreThe Finance Ministry thanked the Central Bank for its policy to devalue the RON, the national currency. “The Central Bank, as an independent institution sets its own policies, but a weaker RON will definitely have a positive impact on our…
Read moreThe latest inflation reports made newspapers say “The crisis has brought inflation to almost the best rate for the Romanian economy”, and analysts note that “The annual consumer price dynamics slowed down from 2.14% in November to 2.06% in December,…
Read moreCentral banks seem more and more inclined to reinvent the role they play in the economy. Their boldness is a result of the fact that, faced with the dramatic turn of events during the 2008 crisis they shattered all taboos…
Read moreCarbon neutrality is the solution that European governments put forward to reach climate neutrality by balancing out CO2 emissions and removals. To get there, approaches bank almost exclusively on ways to dramatically reduce and store emissions. This short-sightedness puzzles me…
Read moreAt a time when most are wondering what the post-pandemic recovery would look like, a reasonable answer may be that no specific letter would provide a complete enough answer. Economies are made up of a large array of sectors and…
Read more(R*) China’s seemingly more efficient response to the pandemic refuels an older debate on the country’s economic success. The figures speak for themselves. According to the World Bank, 800 million people had been lifted out of poverty by 2018, making…
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