Sunday Central Banks are the equivalent of the Central Planning Committees of the old USSR and present-day China. They specialise in distorting markets such that sane investing is disincentivized and speculations leading to capital destruction are incentivized. Anger against central banks is rising, and spreading, and rightly so. But they operated with the … [Read more...]
Brother Can You Spare a Dime?
Tuesday It is painful to watch the struggles of those blindsided by what is now a recession. Does one harden one’s heart and look the other way? That is easy to say, but not so easy to do. My restaurant had a regular customer for almost thirty years. One day, a few months ago, she approached me, as a friend, with tears in her eyes at her humiliation, and … [Read more...]
Wednesday https://www.theamericanconservative.com/dreher/anti-christian-persecution-in-finland/ Rod Dreher Further to my previous blog on the re-emergence of the Socialist Dystopia, I just came across this chilling piece by Rod Dreher. It includes the following section about a scientist who fled communism to live in the US. “This scientist-professor told me a … [Read more...]
Between Scylla and Charybdis
Wednesday The situation of being between Scylla and Charybdis is a state that small business knows well. It is otherwise known as being between a rock and a hard place. The simple truth that ‘people build civilizations and governments destroy them’ seems terribly hard for people to grasp. Yet, it is profoundly obvious. It is private business that is the … [Read more...]
Tuesday As most of my readers know, as well as writing this blog, I am President of the Gold Standard Institute. For a great summation of why we do what we do, check out this video by our chief economist, and President of the US Institute, Dr. Keith Weiner. Keith is the best out there and Larry Parkes gave him a great forum to express his views. Our simple purpose … [Read more...]