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Month: August 2015

Transparency, Trust and Certainty

Proper functioning of an economy over the long haul requires certainty; that is to say, it requires trust in a system, whatever that system may be.  A desire for certainty does not justify the proposition that a government ought to seek stability as the highest goal or means to protect its economy; rather the governmental…
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Invest While the Dollar Is Strong

The Dollar is strengthening against many currencies, yielding a great opportunity to build capacity in the developing world.  Thanks to China’s move to devalue its currency, many countries dependent upon exports to China and Chinese funding are watching their currency value slip as well.  More importantly, the lack of a solid market based value for…
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