Wednesday For all the glaring faults and failures of paper money, it is the more subtle effects that are the most damaging. The emphatic truth is that paper money only exists because of the desire of politicians to inflate the money supply in order to buy votes and to wage wars. There are no other reasons. The vote-buying passes under the innocuous title … [Read more...]
Predictions and Assumptions
Sunday In January of 2000, it began to dawn on me that the world had some serious problems. A great deal of subsequent reading informed me that the world’s monetary system was not only seriously flawed (it had been since 1933) but that it was at the point of breakdown. It was like a drunk at the bar who was being kept upright only by the swell of people around … [Read more...]
Social Collapse
Wednesday Society evolved from tribalism. The process was simple, though unique to one place and time. Basic trading between tribes had always occurred. It was the emergence of money, with its unique property of being a store of stable value over time, which took trading to a much more sophisticated and complex level by allowing for the accumulation of … [Read more...]
The Urge to Regulate
Saturday "The more corrupt the state, the more numerous the laws.” Tacitus (A.D 55-130) Whether in the US, UK, EU, Australia, New Zealand or Canada, social engineering is the dominant theme of our time. Dangerously daft legislation is being churned out by the regulators of the Western world. Why is this? Our politicians are a breed apart from most people. They … [Read more...]
The Great Instability
Tuesday We are entering the time of the Great Instability. The order forged in the post-WW2 period, is collapsing. That is to be cheered. In a fast-changing world, the order has become sclerotic; rigidly defending a time that has passed. To do so, it has been forced to rely on ever-increasing personal surveillance with ever-diminishing human rights. It has become the … [Read more...]