A Special (and Urgent) Rum Rebellion Alert from Greg Canavan
While everyone marvels at the size of the Fed’s balance sheet and the ‘money printing’ that led to its expansion, there is less focus on the velocity of money.
Australian Banks
Demise at the Hands of the Governing Class — Outlook On Inflation
Ultimately, inflation is just a very pernicious and corrosive form of taxation. It ruins the economy and corrupts the society; it reduces real economic output and makes people poorer.
There Are None So Blind as Those Who Do Not Want to See
All indications point to a crash of biblical proportions in our future. Only foolish people and those without understanding of how markets function would close their eyes and ears to the messages being sent.
Ancient Wisdom for Modern Times — Money Can’t Buy Happiness
Money can’t buy happiness. Wisdom is a gift that’s been passed from generation to generation. Whether we accept the gift or not is an individual choice.
Global Leaders Want to Reshape the Financial System — More Liquidity
The advantage of this new wampum was that it would give them more ‘liquidity’. That is, they could print as much of it as they wanted…
Controlling the Uncontrollable — US Inflation Surprised to The Upside
US inflation surprised to the upside. June’s Consumer Price Index came in well above expectations at 0.9%, increasing 5.4% from a year ago. This is the largest increase in 13 years.
Après Uber-Loose Monetary Policies — Prices are Rising Faster
Producer prices are rising at an even faster pace — 7.3% year-on-year. Inflation has not gotten on the bus yet. At a 5.4% annual running rate, consumer prices are now rising about as fast as…
Is There a Solution to the COVID Con? — The COVID Con
That the majority of Australians believe they have a 38% chance of dying if they catch COVID is all the proof you need. It shows the government and media’s fear campaign has worked.
MicroStrategy or a Massey Ferguson? — Inflation Accelerates Again
We don’t know, but prices are on the rise almost everywhere. In England, inflation is running at about 2.5% annually — the highest level in three years…
My New Business Plan What Do You Think It’s Worth? — DeFi Trends
This new business idea is designed to capitalise on what everyone knows is an inevitable trend towards decentralised finance…or, as we in the industry call it…DeFi.