Source – davidstockmanscontracorner.com “…Yes, there is a reason why the crypto asset class is flying skyward just like more conventional assets: Namely, the real economy can’t possibly absorb the central banks’ torrent of liquidity. So it never leaves the canyons of Wall Street and the other global financial markets with which it is full integrated…
Source – zerohedge.com “…We discuss the harsh reality of a divided America, the fact that the Two-Party System in this country is destroying America from within, examine the importance of a strong manufacturing base for America, and finally illustrate the giant wealth transfer of the last 50 years that has contributed significantly to America’s decline…
Source – internationalman.com “…How is it that no matter how much more money I make, I never seem to get ahead?”…In effect, the individual is used by the banking system as a milk cow. For his entire working life, inflation is carefully adjusted to extract as much monetary value from his labours as possible, whilst…
Source – geopolitics.co “…The propaganda related to debt is very powerful. Most people have been conditioned to believe that we all have a moral obligation to repay debts.(21) The idea that debts are a powerful mechanism for controlling or exploiting others is rarely discussed….In business, it is accepted that debts can be written off. Lenders…
Source – usawatchdog.com “…Economist John Williams, founder of ShadowStats.com, says the Federal Reserve has painted itself into such a tight corner with the economy it really has only two choices. Williams says it comes down to “Inflation or Implosion” “The Fed Has Lost Control” – John Williams Warns Of Hyperinflation In 2022 Economist John Williams,…
Source – lewrockwell.com “…This is what is happening now in this fake Covid fraud, which is leading to a reset and complete restructuring of all monetary systems. Make no mistake about it; this is about power and control, and it should be understood that without control over the money, control over the people is not…
Source – mises.org “.. I fully condemn the monetary history of the United States, and deplore the means by which the public was forcibly weaned from the gold standard, nonetheless it is simply misleading and inaccurate to deny that the green pieces of paper in our wallets and purses are genuine money….The fact that government coercion…
Source – ellenbrown.com “…Varoufakis calls our current economic scheme “postcapitalism” and “techno-feudalism.” As in the medieval feudal model, assets are owned by the few. He notes that the stock market and the businesses in it are essentially owned by three companies – the giant exchange-traded funds BlackRock, Vanguard, and State Street. Under the highly controversial…
Source – zerohedge.com “…Certain psychedelics work by binding to serotonin receptors in the brain which produces psychoactive effects. Research suggests that when this happens, the structure of the brain changes—such as the number of connections between neutrons. This means that psychedelics could have the potential to rewire or repair circuits in the brain, hence their reputation for…
Source – northmantrader.com “…But the lid just got blown off the false narratives that have been propagated by central bankers from Powell on down with his now infamous claim that “Fed policies absolutely don’t add to inequality“. Of course QE adds to inequality. Even the Bank of Canada just sheepishly admitted it. But the real…
Source – zerohedge.com “…Bretton Woods 1 and 2 only worked because the US was there to mop demand up. That is no longer the case, politically. Covid-19 has only underlined the political desire for change. This means more than just slogans. Any true new Bretton Woods would logically need to include capital controls, like the…
Source – internationalman.com “…Bitcoin isn’t specifically a Chinese financial weapon. It’s open-source software and a hard money monetary system that nobody controls and anyone in the world can use, including US adversaries. Nonetheless, Thiel hit on an important point. Bitcoin has become a geopolitical competition, implying that the US better get in the game or…
Source – tomluongo.me “…Obama’s threatening the Swiss ended the illusion of who really controls it….The fact that the Obama administration politicized SWIFT when it did ended an era of international finance. The world financial system ended any illusions it had over who was in charge and who dictated what terms” Russia, Iran, & A SWIFT…
Source – oftwominds.com “…Whether anyone in the halls of power cares to notice or not, a mass withdrawal from the workforce is underway. What’s remarkable about this swelling exodus is that it isn’t confined to one class of workers: low-wage workers are jumping ship en masse, but so are mid-level white-collar workers and well-paid but…
Source – internationalman.com “…These schemes have never worked in all of history. They result in a vastly lower standard of living, along with social strife. MMT is about radically increased government control. The argument shouldn’t be over whether MMT will “work” or not. The argument should be about whether it’s moral and proper for people…
Source – oftwominds.com “…Easy money is an essential fuel in the bubble rocket. With money this easy to borrow and leverage, it’s a slam-dunk that the bubble can keep expanding until some far distant time that’s so remote we don’t have to worry about it, because we’ll all sell at the top and be out…
Where Did All Those “Capitalist Pigs” Go? – By Pat Buchanan Source – buchanan.org “…Politically, China remains under an ever-tightening Communist rule….Yet, of greater interest, and import, is that the China of the new Great Helmsman, Xi Jinping, a one-party Communist dictatorship, coexists with hundreds of Chinese billionaires. What would Marx, Lenin, Stalin or the…
Source – mises.org “…By the time I started my graduate work, the Austrian school was several decades into its comeback, starting in the 1960s and 1970s….I was a self-taught Austrian who was trained in the normal mainstream neoclassical approach. In many ways the economics profession, in my judgment, has gotten much, much worse since the…
Source – doomberg.substack.com “…For those of us in the gold/hard money/real asset/Austrian school of economics, the ultimate doom porn is Adam Fergusson’s seminal book on the hyperinflation experienced in Germany after World War I, When Money Dies. Unlike most of you, I’ve only read it three times” Every DOGE Has Its Day “Speculation on the stock exchange…
Source – scheerpost.com “…Musicians are more thinking about selling their champagne company to Louis Vuitton than they are thinking about getting people to vote. So maybe now the sports stars are more the cultural heroes than the rock stars” Jonathan Taplin: Capitalism Killed the Rock-and-Roll Star The music industry veteran joins Robert Scheer to discuss…
Source – aier.org “…Although the concept of a currency which is artificially inflatable/deflatable on demand seems novel, it has its roots (as do so many concepts) in the theorizing of a long-dead economist. A German entrepreneur by the name of Silvio Gesell witnessed Argentina’s 1890 financial crash firsthand. The ensuing unemployment, poverty, and economic stagnation convinced him…
Source – charleshughsmith.blogspot.com “…So the last best hope for the non-elite workforce without the privileges of a wealthy well-connected family is to play the riskiest tables in the Federal Reserve’s casino, maxing out margin (borrowing money against one’s stock portfolio) and buying options, which expire worthless if the bet goes south” The Only Way To…
Source – brucewilds.blogspot.com “…The average person is foolish and silly if they expect to be protected when the next financial crisis hits. Those counting on a stimulus check for survival will someday most likely find it will not buy them diddly-squat. The shelves will be empty or the value of what they receive will simply…
Source – disinthrallment.com “…The Zairian economy had managed to stay afloat during decades of kleptomania, nepotism, and military spending by Mobuto and his cronies due to Western Aid and high prices for the various minerals mined in the Eastern Congo basin. Beginning around 1990, the combination of the collapse of the Soviet Bloc, falling copper…
Source – asiatimes.com “…The explosion of US home prices—now increasing at a bubbly 12% a year—portends even higher inflation for 2022. US fiscal and monetary policy pushed $5 trillion of fiscal stimulus into an economy hobbled by supply constraints, creating the economic equivalent of shaking a bottle of warm Pepsi while placing one’s thumb over…
Source – goldswitzerland.com “… Archegos and Credit Suisse, investment banks have created a timebomb with the $1.5 quadrillion derivatives monster. A few years ago, the BIS (Bank of International Settlement) in Basel reduced the $1.5 quadrillion to $600 trillion with a pen stroke. But the real gross figure was still $1.5q at the time. According to…
Source – zerohedge.com “…You only make money in the markets if you get out in time, and time is quickly running out for those that have put their faith in this financial bubble…The financial bubble that we are experiencing right now will go away, but the problems on our streets are not going away. In…
Source – unz.com “…In other, rather startling development, America’s main soft power export, Hollywood is losing its piercing power in China and in Russia. In fact, it is not just losing it, it already lost it. If such a proposition would have been laughed at 20 years ago, the fact that Russian-made movies dominate today…
Source – oftwominds.com “…Has everyone forgotten what Thomas Merton said, ‘The beginning of love is to let those we love be perfectly themselves’?”. “Merton was a Christian, right? Don’t bring up Christianity, that’ll get you crucified. If you want to talk about religion, talk about Zoroastrianism, but only to people who don’t know anything about…
Source – cluborlov.blogspot.com “…After the financial collapse of 2008 it quickly became obvious that nobody competent or responsible was in charge. The “solution” was for central banks to start blowing financial bubbles by zeroing out interest rates and flooding the world with new debt. Debt that expands much faster than the economy is garbage debt,…
Source – zerohedge.com “…The economic fallout from the pandemic is likely to create or worsen instability in at least a few—and perhaps many—countries, as people grow more desperate in the face of interlocking pressures that include sustained economic downturns, job losses, and disrupted supply chains,” the report warns. What’s more, food shortages and ‘uneven access’…
Source – cluborlov.blogspot.com “…Prices are going up everywhere even as the underlying economy remains in coronavirus-inspired doldrums, specifically because consumption has been repressed, with the coronavirus as an excuse, to delay the onset of hyperinflation. And then the Chairman of the Federal Reserve steps in and calms the troubled waters by publicly claiming that “There…
Source – wallstreetonparade.com “…The Archegos meltdown has done one more thing. It has reminded the readers of Wall Street On Parade that our decade of hand-wringing over the dangerous brew of allowing federally-insured, deposit-taking banks to own tens of trillions of dollars in opaque, over-the-counter derivatives remains the biggest threat to the financial stability of…
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