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Common sense in the central banking country

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Common sense in the central banking country

Central banks are probably the institutions that have the most influence on our daily lives, directly and indirectly, but at the same time they are also the institutions that are least known to the general public and that are seen as mystical. Edin Mujagić, who 20 years ago specialized in everything that has to do with central banks, has been trying for years to demystify that world and open it up to the common man through books and columns, among other things, so that he understands what is at stake when he reads again that the central banks have taken or have not taken a measure In this book a number of columns published in recent years by his hand on it, bundled.
Publisher: Edin Mujagić
Issue: January 2019

Central banks are probably the institutions that have the most influence on our daily lives, directly and indirectly, but at the same time they are also the institutions that are least known to the general public and that are seen as mystical. Edin Mujagić, who 20 years ago specialized in everything that has to do with central banks, has been trying for years to demystify that world and open it up to the common man through books and columns, among other things, so that he understands what is at stake when he reads again that the central banks have taken or have not taken a measure In this book a number of columns published in recent years by his hand on it, bundled.
Publisher: Edin Mujagić
Issue: January 2019


About the author:

Edin Mujagić (1977)
Edin Mujagić is a macroeconomist specializing in central bank policy and monetary history. He studied economics at Tilburg University and works as chief economist at the OHV Asset Management in Amsterdam. 

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Gold offers protection in times of inflation
Gold offers protection in times of inflation
In the long term, gold retains its value, while currencies lose a lot of purchasing power. An example of the value retention of gold is that 2,000 years ago you could buy a tailor-made suit for one gold coin and that is still the case today.
Gold is an insurance against a systemic risk
Gold is an insurance against a systemic risk
The gold reserves at central banks act as the backing of a money system. According to DNB, gold is an 'anchor of trust': "If the entire financial system collapses, the gold supply provides collateral to start over."
Gold is a mainstay in the investment portfolio
Gold is a mainstay in the investment portfolio
Gold strengthens the portfolio through its long-term returns and diversification. Its traditional role as a safe haven means that gold is an asset in times of crisis, moving in the opposite direction to the rest of the portfolio.
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