America
Tin Foil Hat at the ready!
It dawned upon the MSM over the last week that the Donald had not been seen in public for a few days. The orgasmic speculation that he had died was nothing less than disgraceful but [more…]
Federal Reserve
America
Why Does Government Always Make the Same Economic Mistakes?
Most economic analysts predict that the US is about to enter into a cyclical recession. Even Austrian School economists, like me, agree. The big question is “What will government do?”. Will it finally stop its [more…]
America
A perfect storm in the making
The New Year is usually associated with a new beginning, a fresh start, or a “clean slate”. Unfortunately, for millions of Americans, these are wishes that are bound to remain unfulfilled – for them, the [more…]
Economics
A Murder-Mystery of note?
In 1910, seven men gathered on Jekyll Island, off the coast of Georgia, USA, to plot the establishment of the Federal Reserve Bank, in order to wrest control of money creation from the US government [more…]
America
Dollar Hegemony Ending Due to Geopolitical Change
Since the Bretton Woods Agreement in 1944 the dollar has been the world’s preferred reserve currency; i.e., the major trading nations of the world were willing to hold dollars in vast amounts to satisfy their [more…]
America
Do Not Mourn the Fiat Dollar’s Demise as a Reserve Currency
The US dollar has been the world’s premier reserve currency since the Bretton Woods Agreement of 1944. Until 1971 it was redeemable by foreign central banks in gold at $35 per ounce. As long as [more…]
Economics
Growth is the antidote to stagnation – but it requires knowledge and leadership
By now even Treasury officials and central banks recognise that their practice of Quantitative Easing has run its course. In its contemporary form, QE began a dozen years ago as a temporary emergency measure enacted [more…]
Business
World Dollar Hegemony Is Ending
The end of world dollar hegemony is coming and hardly anyone in government is taking notice or even understands what this means. Since the Bretton Woods Conference in 1944, the dollar has been the only [more…]
Economics
Crisis After Crisis – The Economic Chain Reaction
Several readers expressed surprise that last week’s essay concerned my personal NHS experiences rather than the pressing issues of the day. In such a rapidly changing economic picture no commentary can ever be bang-up-to-date, while [more…]