As long as we have a central bank the rich will get richer, and the poor will get inflation. With the Fed eyeing a repeat of the 2022 inflation, America’s rich should get ready for another big payday. And everybody else can get ready for the fallout.
This is the book that had to be written. It is a story of a missed opportunity to change the world, a tragic tale of subversion and betrayal. But it is also a hopeful story of efforts we can make to ensure that the hijacking of Bitcoin is not the final chapter. There is still the chance for this great innovation to liberate the world but the path from here to there turns out to be more circuitous than any of us ever imagined.
The New York Times has published a strange article by Justin Wolfers, an economist at the University of Michigan. The headline is that his economist brain makes him say with regard to inflation: “Don’t worry, be happy.” The article gives the reader as much reason to trust economists as you do epidemiologists, which is to say not at all.
Every fiscal trend is in the wrong direction. We’re already at $2 trillion deficit, it will soar by trillions when recession hits. And it will keep churning with social security, Medicare, and spending on everything from illegal immigrants to fresh wars. At this point there is nothing standing between us and fiscal collapse. The only question is when.
Research into the economic cost of many of our Covid policies and mandates is still ongoing, but a new, extremely detailed report on school closures has created a horrifying context for just how damaging Anthony Fauci’s advocacy was during the pandemic.
New Report Details Horrifying Cost of Fauci’s Failures Read More
The unholy alliance between Big Pharma and the FDA and Federal Government is truly breathtaking to behold. Unfortunately, its nature is so arcane and obscure that only a few notice this, other than those who benefit from it and keep their lips shut. To unpack this we must explore a few separate but interrelated issues.
In case you’ve still got money in a bank, Bloomberg is warning that defaults in commercial real estate loans could “topple” hundreds of US banks.
Health insurance needs a new pricing structure that is not based on a one-size-fits-all model that it is now. Health and therefore healthcare expense is highly tuned to individual choice. We need more information about the best choices, and that information can only come to us once the specialists who know the data are allowed to impact pricing structures in ways they currently cannot.
In many countries, business leaders are facing a decline in productivity with an increasing risk for bankruptcy. In many discussions, the real problem of a poor economy is kept hidden. The dramatic eroding of human capital by poor health, increased sickness, early deaths in all ages, and lost education among the youth will disrupt business performance for years to come. This downward spiral urgently needs a U-turn to save human capital and economic flourishing. This transformation should be guided by trusted business leaders with high integrity who understand that profit is a result of investments in human capital and starts with good health and affordable pure nutritious food.
It’s progress for mainstream media to even consider the possibility that Americans might have a point when they say things are tough. Still, we’ve got a ways to go until media fully understands how much it has been gaslit by a regime that’s given up on serving the people.
Central Bank Digital Currencies (CBDCs) threaten to replace the cash we use with programmable, trackable, and censorable tokens controlled by governments. Your financial choices could be suppressed, and privacy eliminated. Based on what I’ve learned and experienced directly, this could happen before the 2024 election. The best way to stop it is through direct action, not through politics.
American Totalitarian “Crypto Dollar” May Come Before the Election Read More
It turns out that the entire bit, including the fake prosperity of the lockdown economy, made possible by money printing and grotesque levels of government spending, was unsustainable. Even sophisticated car companies bought into the nonsense. Now they are paying a very heavy price. The new market depended on a panic of buying that turned out to be temporary.
