Zimbabwe Launches New Gold-Backed Currency Amidst Economic Turmoil
Zimbabwe has introduced a new gold-backed currency, the Zimbabwe Gold (ZiG), amidst skepticism over its ability to stabilize the nation's troubled economy.

Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
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Zimbabwe has introduced a new gold-backed currency, the Zimbabwe Gold (ZiG), amidst skepticism over its ability to stabilize the nation's troubled economy.

The Biden administration's actions, including halting the Keystone Pipeline and implementing new leasing regulations, have significantly impacted the U.S. oil and gas industry, rai…

Jerome Powell's latest remarks underscore ongoing inflation concerns, signaling an extended high-interest rate period.

In 2023, Germany's oil and natural gas production continued to decline, with calls from BVEG leaders to increase local production for enhanced energy security.

The March jobs report in the U.S. suggests an unsettling trend toward part-time employment and a notable decrease in full-time positions.


Discrepancies in rising commodity prices and interest rates cast doubt on the authenticity of the perceived economic recovery, challenging the traditional reflation narrative.


The sharp decline in inflows to the Federal Reserve's reverse repo facility signals shifts in U.S. monetary strategy, influenced by tax deadlines and Treasury debt settlements.

China's banking challenges and slowing loan growth raise serious concerns about the country's economic stability and its potential impact on global growth.

Persistent high inflation in the U.S., marked by a significant annualized increase in the CPI, is complicating the Federal Reserve's policy decisions amid economic and political pr…

Rising consumer price disparities, credit market stress, and cautious banking behaviors challenge the narrative of a 'soft landing' in the current economy.

FDR's 1933 gold order is buried under two myths that cut in opposite directions. One exaggerates the seizure. The other dismisses it. The real record is more sobering than either,…

The recent dramatic rise in gold prices, surpassing 2011 highs, reflects a shift towards secure assets like gold and Bitcoin.

The latest Baker Hughes report shows a continued decline in U.S. drilling rigs, with the total count falling to 617.

The Federal Reserve's pandemic-era policies have dramatically increased wealth inequality, enriching the top 1% to $45 trillion through extensive money printing and financial marke…

March 2023 witnessed the highest wholesale inflation rate in the U.S. in nearly a year, signaling ongoing economic pressures.

China's declining CPI and PPI have heightened global concerns about deflationary trends and their impact on the world economy.

The end of 2023 saw record U.S. credit card delinquencies, signaling mounting financial pressures on consumers amid high inflation and escalating costs.

California's gasoline prices have soared to $5.39 per gallon, significantly surpassing the national average.

The Commoner
Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
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