currency war – Page 2 – Economics of Information Society

Global reset – Monetary decoupling (Part 5: The end of USD supremacy – Will it be different this time?)

Global reset – Monetary decoupling (Part 5: The end of USD supremacy – Will it be different this time?) Phuah Eng Chye (14 August 2021) Currency dominance is one of the factors reinforcing global power. In the previous century, the US ascendency to global power was paralleled by the rise of the greenback displacing sterling. … “Global reset – Monetary decoupling (Part 5: The end of USD supremacy – Will it be different this time?)”

Global reset – Monetary decoupling (Part 4: Lessons from Plaza Accord)

Global reset – Monetary decoupling (Part 4: Lessons from Plaza Accord) Phuah Eng Chye (31 July 2021) Observers are revisiting the US confrontation with the then rising economic power, Japan. Huijian Wu notes “in 1985, Japan overtook the United States as the world’s largest creditor, and products made in Japan flooded the world. The frenzied … “Global reset – Monetary decoupling (Part 4: Lessons from Plaza Accord)”

Phuah Eng Chye

I was formerly a securities regulator and equities analyst. I started writing these articles (and a book) because I felt that there were a lot of economic theories that didn’t seem to match up to the realities we are facing. This also means that a lot of policies (based on these theories) are wrong. So I’ve tried to make sense of how things worked based on the paradigm of an information society. Its a challenging topic and difficult to pin down. This means I have had to explore issues over a wide range of policy areas. Over the next few months, I will cover the service economy, the sharing economy, household and work structures before moving onto policy issues on the anorexic economy (role of corporates, basic income, housing affordability) and the financialisation process (capital, monetary policy, securities regulation).

Date	Article/Event
27 April 2024	The dismal decade (Part 5: China and Japanification risks)