Welcome to 1984
I’ve been addressing the war on cash lately, and for good reason. While everyone’s attention is focused on the war in Ukraine, inflation, and the Supreme Court, government plans to eliminate cash are accelerating.
Macroeconomic News: Insights into Economic Trends and Developments
Death by Government
It’s another grand experiment…a ‘teachable moment’ in human history. But are humans really teachable? Aren’t the TV shows of 2022 full of the same wickedness and errors committed 2,000 years ago?
ASX News Live | ASX Sinks 2.5% After Wall Street Rout
ASX stocks have tumbled on Wednesday following big drops on Wall Street overnight as US core inflation came in ahead of forecasts.
Lights Out!
Like so many Great Campaigns in history, the costs are likely to fall primarily on the poor, the weak, and the children. The price of energy could double; but the ‘deciders’ won’t have to explain to their children why they can’t afford heat.
The End of an Era
The more an era endures, the more inclined we are to perceive what is temporary to be permanent. And, when a special era ends, it brings great sadness. We look back with fond memories of better times.
The US Fed’s ‘Digital Dollar’ Is Almost Here
The Federal Reserve was studying a possible Fed CBDC at a research facility at MIT. Now the idea has moved from the research stage to preliminary development.
