Respectonomics through the Living Economics platform considers the backing – or the underlay – of major traded currencies. We examine how fiat currencies have morphed out of the original gold backed variety. We test the confidence in a currency, as would be associated with the underlying economy and the integrity of its central bank. The strident expansion of the money supply, connected to rising governments’ deficits, throws down a gauntlet of risk. Living Economics, a platform of Respectonomics, provides bi-weekly assessments of economic and financial issues. The analysis is timely, straightforward, relevant, unvarnished and actionable. Your Voice of Respectonomics, Jeremy Wentworth-Stanley, draws on more than fifty years in the investment industry, developing the creed of “making the obvious obvious before it becomes obvious”. What are your reflections and ideas? Would you pass them back to us? And share the message please. [email protected]