Monday I've been blogging on the virus, on and off, for over a year. However, in response to an email that essentially accuses me of not emphasising it enough, I do not believe that it is the senior issue of the day. IF, and all the evidence points that way, it is a deliberate attempt to kill off a high percentage of the world's population, then the weirdo … [Read more...]
Zombieland
Wednesday Central bank bluster notwithstanding, interest rates will continue to trend downward. It can be no other way. The servicing of sovereign zombie debts insists that interest rates don’t rise. And then there are the zombie debts and zombie jobs of the zombie corporations that facilitate employees taking on their own zombie loans. The aggregate of all that is what … [Read more...]
The Ping Symphony
Wednesday I just pulled out some coins from my pocket to toss into the jar. Isn’t it fascinating that so many years after Gold and silver disappeared from circulation, the larger denomination coins are still a Gold colour, and the smaller denominations still a silver colour? Our link to the time when real money circulated is still there, but oh so very tenuously. There … [Read more...]
Wealth Must be Created
Tuesday The Ancient Egyptians produced food in abundance. Their civilisation lasted for at least four thousand years. The Spanish stole galleon after galleon of Gold and silver from South and Central America. Their civilisation lasted for a few hundred years. The Egyptians created wealth; the Spanish stole it. Stealing is not sustainable; eventually the victims have … [Read more...]
Fifty Years of Foolishness
Friday The unadulterated Gold Standard means that no paper money can be printed that is not redeemable for gold (or silver) coin. In the very near future governments are going to be forced to live within their means. That means zero welfare and zero pensions; not because people do not deserve their pensions, but because the money that was extracted from them for that … [Read more...]