World Currency Unit(Global Purchasing Power Unit GPU)
Dec 2, 2008

Bailout May Be Misunderstood but Must Not Be Misused

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The trillions of dollars in various "bailout" and stimulation initiatives are not intended to bail out wrong-headed investors or e...

Bailout May Be Misunderstood but Must Not Be Misused

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The trillions of dollars in various "bailout" and stimulation initiatives are not intended to bail out wrong-headed investors or e...
Oct 27, 2008

Averting a Major Global Economic Meltdown

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If two things are implemented, I am positive the world's financial markets will rebound, and the global economy will stop slipping. The ...
Oct 4, 2008

A Plan to Prevent Further Slip in the US Housing Market

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A Plan to Prevent Further Slip in the US Housing Market Everybody agrees that the economy faces a critical moment. What investors and pract...
Sep 19, 2008

Finally Paulson and Bernanke Did the Right Thing

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Paulson and Bernanke finally moved to restore investor confidence by effectively underwriting or buying many of the bad loans that had been ...
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Sep 15, 2008

Paulson Made a Mistake

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In allowing the demise of Lehman Brothers instead of salvaging it with taxpayers’ money Paulson and his associates claim that this is to avo...
Aug 27, 2008

Inflation Fight with Inflation-Indexed Interest Rates

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One problem with traditional monetary tools is that as inflation heightens, real interest rate falls, which actually fuels inflation because...
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Brief Introduction

Lok Sang Ho
Hong Kong, Hong Kong, China
This is my platform for the discussion of international finance topics, which will essentially draw insight from the idea that efficiency of financial markets has to be based on transparency of information. The whole idea about WCU is to create a unit of account so that real prices and real interest rates will become more transparent with the help of the WCU serving as a unit of account. Comments are welcome. My research interest includes financial market stability, monetary policy, exchange rate policy, and risk management. I also do research on housing markets, land economics, labor markets, transportation, and environmental policy.
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