‘You can’t get there from here.’
Wealth comes from profit-making businesses. The profit is the measure of how much wealth they create; it is the difference between the cost of doing something…and what that thing is actually worth.
Another Death Valley?
Another Death Valley?
The US had a paper currency. We all knew what happened to paper currencies. Over time, all paper money reverted to its inherent value — which was zero. Weimar…here we come!
Red Rain
Red Rain
The biggest source of US power, however, is not its military, but it’s money. As long as the dollar remains the cornerstone of international commerce, the US remains the world’s great Caesar.
Home Improvement
Home Improvement
The new money system distorted just about everything, leaving the world with a vast fake economy…and more than $300 trillion in debt. In the US alone total debt rose from about $1.5 trillion in 1971
Emergency Bypass
Emergency Bypass
Even at today’s relatively low inflation levels, the dollar will lose about one-third of its value over the next ten years. No wonder foreign nations are increasingly joining together to by-pass it.
Plowshares into Swords
Plowshares into Swords
The welfare state model no longer works; the center — consensual democracy — wobbles towards the extremes. What to do? Beat our plowshares into swords?
A Pack of Wolves
A Pack of Wolves
It’s one thing to skim the profits. It’s another to own the business. The feds don’t know, and don’t care, how to manage an enterprise. They are parasites, not producers; wolves, not shepherds.
It’s a Trap
It’s a Trap
Thanks largely to the EZ money era wrought by America’s funny money, the world’s reserve currency, feds everywhere spend too much money. Economies adapted to the cash flow.
Punked
Punked
Officially, consumer price inflation meant that stocks lost about half their value. The price of gold, meanwhile, jumped from $35 in the beginning of the 70s, to $540 at the end.
Thou Shalt Not Tariff
Thou Shalt Not Tariff
Some of Mr. Trump’s tariffs are so peculiar, it’s not clear where they fit into the constitutional structure. They are used as sanctions, punishments, bargaining chips and foreign policy weapons.
