The Money That Wasn’t Money
In today’s Daily Reckoning Australia, Jim does a deep dive into bitcoin, the value placed upon digital currencies, and explores Canadian Philosopher Marshall McLuhan’s thesis on the subject. Keep reading to find out more…
World Market News - Latest Updates and Global Insights
World markets are so intertwined these days — what happens in one region of the financial markets can affect another halfway around the world.
New markets in the global space are emerging all the time. And the key to growing your wealth is looking outside the box. The world is truly your oyster.
Here’s how the world market is looking at the moment…
Things Are Looking Promising for Green Hydrogen
In today’s Money Morning, scarcity has been the talk of the town in these articles recently, particularly relating to the renewable energy transition. But while critical materials will no doubt be necessary, hydrogen can help reduce our need for raw materials immensely. Read on to find out why…
The Middle-Class Delenda Est Part III
We have seen that the destruction of the middle class comes about…even though it doesn’t seem to make sense. The Fed did lower rates to absurd levels, luring people into overpriced houses at underpriced mortgage rates. And then, the Fed increased rates so that millions of middle-class families would have difficulty making their mortgage payments.
You Need the TRUTH to Make Informed Decisions — Part Five
In today’s Daily Reckoning Australia, Elizabeth Holmes and Sam Bankman-Fried seem to both be tarred by the same brush. Their glossy veneers hide the ugliest of ugly truths…scams. But even bona fide investments can get caught in a lie. So which ones should you trust? Read on to find out…
The Middle-Class Delenda Est, Part II
Wages have been trailing inflation for 19 straight months. Diesel fuel — the stuff that powers our economy — is becoming scarce, with the average price at the pump up to US$5.35/gallon. Producer prices — as opposed to consumer prices — show a lot more inflation coming down the pike.
Thatcher Was Wrong. It’s Not Money That Socialists Run out of…
In today’s Daily Reckoning Australia, Margaret Thatcher once said that ‘the trouble with Socialism is that eventually you run out of other people’s money’. How wrong she was. Money isn’t something that socialists ever run short of — they can always print more. It’s real stuff they lack. And that’s what we’re rediscovering right now…
