Banking Blunders
Central bankers may be looking at lower interest rates to keep stimulating the economy, but negative rates don’t do much for building up confidence on the banks…or the whole system of fractional banking and lending.
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.
Trump Encourages Spending Ahead of Next Election
We predicted that President Donald J Trump would never go completely crazy in his trade war. And we still think he’ll try to save face, make up with the Chinese, and claim victory. On the…
With the RBA in Charge, We’re Screwed
In the closeted world of central banks, no amount of debt is too much. More needs to be even more and for good measure, let’s add some more again. These economic numbskulls have created a…
How We Lost Our Left Hand
What goes around and comes around. Specifically, on Monday, we were looking at how the ‘inflate-or-die’ trap has moved from Germany to Zimbabwe to Venezuela…with many stops along the way…and where it will show up…
Banking Blunders
Central bankers may be looking at lower interest rates to keep stimulating the economy, but negative rates don’t do much for building up confidence on the banks…or the whole system of fractional banking and lending.
Trump Encourages Spending Ahead of Next Election
We predicted that President Donald J Trump would never go completely crazy in his trade war. And we still think he’ll try to save face, make up with the Chinese, and claim victory. On the…
With the RBA in Charge, We’re Screwed
In the closeted world of central banks, no amount of debt is too much. More needs to be even more and for good measure, let’s add some more again. These economic numbskulls have created a…
How We Lost Our Left Hand
What goes around and comes around. Specifically, on Monday, we were looking at how the ‘inflate-or-die’ trap has moved from Germany to Zimbabwe to Venezuela…with many stops along the way…and where it will show up…
Knowing History Could Pay Huge Dividends
The future is one of sluggish growth…or worse, perhaps there’s a recession coming. What’s that going to do to corporate earnings? They’ll fall…taking dividends with them.
The One Thing Civilization Needs to Prosper
The subject is civilisation. Is it a delicate flower? Or a robust weed? Or something that develops on its own, no matter what we do or what we think?