I have written on the subject of currency debasement many times, but it is now reaching crunch-time – even for the pound, dollar, yen and euro. Most respected economists persist in defining inflation as a [more…]
Following his interview with Vladimir Lenin on the subject of inflation in 1919, John Maynard Keynes quoted the Russian as having said “The best way to destroy the capitalist system is to debauch its currency”, [more…]
The prolonged and repeated lockdowns, business closures and travel bans have caused widespread economic devastation and changed the way all of us live, work and interact with each other. These were the most obvious changes [more…]
How Germany Can Liberate Its and Our Society from Impending Economic Collapse The unholy alliance between accommodating central banks and spendthrift governments, born of Keynesian economics, will cause the collapse of the Western world’s fiat [more…]
Economically speaking, we are in a pickle. The blame-game is in full flow in its search for scapegoats. The most obvious culprit is, of course, the Covid virus, but it would be a huge mistake [more…]
Austrian School economists know that unsound money has been at the heart of disastrous government policies since time immemorial. The greater the ignorance of money the greater the monetary debasement in order to fund government’s [more…]
Britain’s Keynesian press & public service broadcasters view President Roosevelt’s New Deal as something to ‘put on a pedestal’ (Guardian June27). Sadly the New Deal has gone into main stream academic & political economic archives [more…]
The digital “toll” It doesn’t require too dark an imagination to realize the gravity of the concerns over the digital yuan. China is a true pioneer when it comes surveillance, censorship and political oppression and [more…]
The corona crisis has already taken a very high toll and caused deep damage in our societies and our economies, the extent of which is yet to become apparent. We have seen its impact on [more…]
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