More Nothing than Something
This weekend, as expected, the Trump Team came forward with more ways to spend the money it doesn’t have. Today, we look at where this all leads…
About The Rum Rebellion
Welcome to The Rum Rebellion! You’re probably wondering what the name is all about. Well, there is a very good reason for it. I’ll explain it all in a moment. First, I want to tell you what you can expect from your daily shot of rum, so to speak… The Rum Rebellion is a uniquely Australian voice commenting on the nexus between money, stocks, politics and economics. We have a libertarian view of the world and believe in free speech, individual freedom and personal responsibility. While we also believe in the virtues of free trade and sound money, we recognise that most of the world’s players don’t share this view. We therefore seek to tell you about how the world IS, not how we wish it to be.
It’s Deflation NOT Inflation That’s Coming
Printing money by itself does not create hyperinflation. Psychology and private sector debt loads exert significant influence over the pricing mechanisms within an economy. The longer the economic disruption continues, the greater the deflationary forces.
Vaccine Trials and Tribulations: Will There Be a COVID-19 Vaccine?
Will there or won’t there be a COVID-19 vaccine? One reality many are not considering is that a suitable vaccine might never be found.
Another Moon Pie Is on Its Way
This week, we did some simple math. We saw that the feds are ‘transferring’ huge amounts of money — $12 trillion! — this year. That’s more than is earned by all of US workers put together.
More Nothing than Something
This weekend, as expected, the Trump Team came forward with more ways to spend the money it doesn’t have. Today, we look at where this all leads…
It’s Deflation NOT Inflation That’s Coming
Printing money by itself does not create hyperinflation. Psychology and private sector debt loads exert significant influence over the pricing mechanisms within an economy. The longer the economic disruption continues, the greater the deflationary forces.
Another Moon Pie Is on Its Way
This week, we did some simple math. We saw that the feds are ‘transferring’ huge amounts of money — $12 trillion! — this year. That’s more than is earned by all of US workers put together.
For the Appearance of Safety and for Liquidity
There’s probably no more important question in the world of finance and economics today. The fate of multiple asset classes hinges on real yields — stocks, bonds and gold.
From the Sacred to the Profane
According to the press, ‘15 to 20’ Republicans are digging in their heels…and lighting candles to the old gods. In the recesses of their minds are dim recollections of ‘fiscal responsibility’…and perhaps even some old…
Not Robbing Peter to Pay Paul
For the first time in history, more people depended on the federal government for their daily bread than on the economy. Less money was being earned than not earned.