Central Bank Rate Cuts – They Know What They’re Doing
If no one else is going to start questioning their motives, then we certainly should. Because you really have to wonder, don’t you? What is the point of ongoing rate cuts? If it’s to revive…
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.
The Race to Negative Interest Rates – Gold and The Global Economy
How do you repair an overleveraged balance sheet? You either sell off assets to pay down debt, or do a capital raising to increase equity. The global economy can’t sell assets to itself. So that…
One of My Biggest Financial Mistakes…
I don’t regret the experience, it made me who I am. I do wish though that it had been a cheaper lesson. Still, it could have been a lot worse. Here is what I learnt…
Pensioners CAN get 3.25% Government Guaranteed
Pensioners should heed the wisdom of ‘be careful what you wish for, it may come true’. Why would anyone with deposits in the Pensioner Advantage accounts — paying 3.25% — want the deeming rate reduced?…
Central Bank Rate Cuts – They Know What They’re Doing
If no one else is going to start questioning their motives, then we certainly should. Because you really have to wonder, don’t you? What is the point of ongoing rate cuts? If it’s to revive…
The Race to Negative Interest Rates – Gold and The Global Economy
How do you repair an overleveraged balance sheet? You either sell off assets to pay down debt, or do a capital raising to increase equity. The global economy can’t sell assets to itself. So that…
One of My Biggest Financial Mistakes…
I don’t regret the experience, it made me who I am. I do wish though that it had been a cheaper lesson. Still, it could have been a lot worse. Here is what I learnt…
A Glimpse into the Future…It’s Not Pretty. Part Two
Thankfully, we don’t live in a cashless world…at least not yet. But they are working on it. Plans are being hatched to phase out high denomination notes.
A Glimpse into the Future…It’s Not Pretty
Central banks have set us for an epic fail. The use of low interest rates and printing money to buy financial assets has taken us to a point from which there is only one outcome.
Since 2008, Central Banks Have Compromised Our Economy
In our nation’s history, Australian households have never been more indebted.And history tells us emphatically that debt bubbles always — without exception — burst. This is what’s in our nation’s future…a prolonged period of financial…