I’ve written extensively over the past years about the rise of Modern Monetary Theory (MMT) and all the terrible dangers it entailed from its very birth, not just for our economies, but for our societies too. Although it captured media interest and monopolized a lot of “expert” debates at the time, one wouldn’t be blamed for thinking it was merely a “flash in the pan”, just another crazy idea that the establishment entertained for a while to appease the most left-leaning elements in their ranks, but one that thankfully, quickly fizzled out. 

Indeed, it’s been a long time since we saw any mention of it in the mainstream financial press. Most likely, the unsuspecting news consumer would reason, it just fell out of favor, it was simply too ridiculous to try and seriously defend.

In a recent conference, the EU’s Commissioner for Cohesion and Reforms, Elisa Ferreira, gave a dire warning: “We have a shrinking workforce all across Europe, all countries are losing their workforce.” Indeed, in just 10 years, the EU lost 5 million people in the working-age population, as the most recent report on demographic change by the Commission showed. The report revealed other interesting data and trends too. For example, it showed that over a third of all households in Europe consist of one adult person, with or without children, and those are increasingly people aged 65 or over, while households composed of a couple with or without children declined.

The Commission blamed all kinds of factors for the squeeze, from covid to Brexit, and identified

In a recent conference, the EU’s Commissioner for Cohesion and Reforms, Elisa Ferreira, gave a dire warning: “We have a shrinking workforce all across Europe, all countries are losing their workforce.” Indeed, in just 10 years, the EU lost 5 million people in the working-age population, as the most recent report on demographic change by the Commission showed. The report revealed other interesting data and trends too. For example, it showed that over a third of all households in Europe consist of one adult person, with or without children, and those are increasingly people aged 65 or over, while households composed of a couple with or without children declined.

The Commission blamed all kinds of factors for the squeeze, from covid to Brexit, and identified many dangers ahead

Switzerland’s long-standing and well-deserved reputation as one of the last bastions of individual and financial liberty has been recently vindicated and reaffirmed. It was a much-needed boost of confidence for Swiss citizens like myself who had come to worry over the last years whether the governmental trespasses of our neighboring nations and the way they rule their people might one day come to influence or even corrupt our own system of governance and our way of life. This development, especially considering the present geopolitical pressures and threats, served to renew faith in our small alpine nation, not just my own and that of many of my fellow countrymen, but also that of countless international investors who have chosen this jurisdiction precisely because of its history and

I’ve written countless articles on the topic of central planning and its failures, practical, economic, political and moral. In some cases, the arrogance of the central planners results in real devastation, often in actual loss of life and property, and the price for their mistakes is paid by not just the people they directly hurt but even by the generations to come. 

In other cases, their blind ego and their unshakable belief that they can do no wrong, for they know better than anyone else, alive or dead, just results in comical blunders. Stupid policies to rectify stupid non-problems that nobody really cares about frequently backfire and make the original non-problem worse. Nobody gets hurt in the process. Sure, taxpayers get to pay for all these

I’ve written countless articles on the topic of central planning and its failures, practical, economic, political and moral. In some cases, the arrogance of the central planners results in real devastation, often in actual loss of life and property, and the price for their mistakes is paid by not just the people they directly hurt but even by the generations to come. 

In other cases, their blind ego and their unshakable belief that they can do no wrong, for they know better than anyone else, alive or dead, just results in comical blunders. Stupid policies to rectify stupid non-problems that nobody really cares about frequently backfire and make the original non-problem worse. Nobody gets hurt in the process. Sure, taxpayers get to pay for all these blunders and they keep paying the

I truly enjoyed the conversation with Hrvoje Morić. I hope you will enjoy it 2.

Happy Weekend!

In liberty,

Claudio

Claudio Grass, Hünenberg See, Switzerland

This work is licensed under a Creative Commons Attribution 4.0 International License. Therefore please feel free to share and you can subscribe for my articles by clicking here

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I truly enjoyed the conversation with Hrvoje Morić. I hope you will enjoy it 2.

Happy Weekend!

In liberty,

Claudio

Claudio Grass, Hünenberg See, Switzerland

This work is licensed under a Creative Commons Attribution 4.0 International License. Therefore please feel free to share and you can subscribe for my articles by clicking here

Interview with Laurent Halmos

For most die-hard physical gold investors and students of history like myself and most of my readers and clients, technical analysis is often seen as a bit of a taboo, or at best something irrelevant to our worldview and investment approach. Nevertheless, to paraphrase the old saying about politics, just because you are not interested in the charts doesn’t mean that the charts are not interested in you. 

I met Laurent Halmos in the summer of 2020 when he fled to Switzerland with his family in search of more freedom. He was shocked that he had previously been imprisoned for months in Panama with his family and that they were only allowed to leave their apartment for 3 hours a week. Today, he lives with his family in the

Interview with Laurent Halmos

For most die-hard physical gold investors and students of history like myself and most of my readers and clients, technical analysis is often seen as a bit of a taboo, or at best something irrelevant to our worldview and investment approach. Nevertheless, to paraphrase the old saying about politics, just because you are not interested in the charts doesn’t mean that the charts are not interested in you. 

I met Laurent Halmos in the summer of 2020 when he fled to Switzerland with his family in search of more freedom. He was shocked that he had previously been imprisoned for months in Panama with his family and that they were only allowed to leave their apartment for 3 hours a week. Today, he lives with his family in the south of Switzerland and feels

Don’t miss my latest talk with my “political incorrect” friend Jeremy on TNT Radio – about the World Economic Muppet-Show called WEF and much more

Click on the below link, to listen to the show.

https://tntradiolive.podbean.com/e/claudio-grass-on-jerm-warfare-with-jeremy-nell-24-january-2023/

This work is licensed under a Creative Commons Attribution 4.0 International License. Therefore please feel free to share and you can subscribe for my articles by clicking here

Part II of II by Claudio Grass, Hünenberg See, Switzerland

The blame game 

As we know from every crisis in human history, and especially the more recent ones, the most important item on any politician’s agenda is to find someone else to blame for it. It can be a foreign foe in the form of a hostile state, it can be an “enemy within”, usually long-standing political opponents and their supporters, or it can even be some invisible villain like a virus. To the politician, it doesn’t make a huge difference; they care not who and what is seen as the evil-doer, as long as they don’t have to take any responsibility for any of their decisions, their weakness, their greed and their ambition and various other failings and incompetencies.

For the body politic, however, it does make a

Part I of II by Claudio Grass, Hünenberg See, Switzerland

The middle class in the West has been shrinking for years, but after the covid crisis and especially after the inflation explosion, whatever was left of it is now basically under threat of extinction. This has immense sociopolitical implications. When any society, at any point in history, becomes divided into haves and have nots, instability and dangerous tensions are quick to follow. The decline of Reason and respect for the fellow man and their property, feelings of injustice and desperation make any kind of debate and civilized dialogue impossible and the worst kind of “leaders” emerge to “represent” both sides. 

We saw this play out countless times in the past and there are many examples from across the

Interview with Jeff Deist, President Mises Institute, Auburn, USA
Division, friction and polarization have been on the rise in the West for at least a decade, but the escalation we saw during the “covid years” was especially worrying. Over the last year, this “worry” has become a truly pressing concern, even a real emergency one might argue, as inflationary pressures and an actual war were added to the mix of political and social tensions.
Going into 2023, there are many reasons for responsible investors and for hardworking savers to adopt a cautious, bearish outlook. If anything, it’s hard to tell what to be concerned about the most and what to prepare for first: an escalation to the Ukraine-Russia war? Inflation persisting or even reaching new highs? Fuel and

Interview with Jeff Deist, President Mises Institute, Auburn, USA

Division, friction and polarization have been on the rise in the West for at least a decade, but the escalation we saw during the “covid years” was especially worrying. Over the last year, this “worry” has become a truly pressing concern, even a real emergency one might argue, as inflationary pressures and an actual war were added to the mix of political and social tensions.  

Going into 2023, there are many reasons for responsible investors and for hardworking savers to adopt a cautious, bearish outlook. If anything, it’s hard to tell what to be concerned about the most and what to prepare for first: an escalation to the Ukraine-Russia war? Inflation persisting or even reaching new highs? Fuel and heating costs

Even though what we saw during the height of the pandemic was shocking enough for most people, what we saw during 2022 was arguably even more astonishing. During the lockdowns and quarantines and the forced business shutdowns, the sheer number of all the rights and freedoms that were coercively “suspended”, as though that’s a thing one can do with true liberty, left so many fellow citizens in disbelief. However, what many people found even more horrifying was the way it was seemingly all forgotten in mere months. 

In the beginning of the year that is almost behind us, Russia’s invasion of Ukraine took center stage – and justifiably so, it was the definition of “breaking news” after all. But, the thing is, the conflict never left the front pages. Weeks and months passed by, and it

Even though what we saw during the height of the pandemic was shocking enough for most people, what we saw during 2022 was arguably even more astonishing. During the lockdowns and quarantines and the forced business shutdowns, the sheer number of all the rights and freedoms that were coercively “suspended”, as though that’s a thing one can do with true liberty, left so many fellow citizens in disbelief. However, what many people found even more horrifying was the way it was seemingly all forgotten in mere months. 

In the beginning of the year that is almost behind us, Russia’s invasion of Ukraine took center stage – and justifiably so, it was the definition of “breaking news” after all. But, the thing is, the conflict never left the front pages. Weeks and

While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.

Original Article: "And So It Begins: Digital Currency Becomes Possible in our Future"
This Audio Mises Wire is generously sponsored by Christopher Condon. 

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I had the pleasure to have a conversation with Jerm about left and right, the logic of political correctness, Western Civilization and Christmas.I hope you like it.

click on the link below to listen to it

https://tntradiolive.podbean.com/e/claudio-grass-on-jerm-warfare-with-jeremy-nell-23-december-2022/

This work is licensed under a Creative Commons Attribution 4.0 International License. Therefore please feel free to share and you can subscribe for my articles by clicking here

I had the pleasure to have a conversation with Jerm about left and right, the logic of political correctness, Western Civilization and Christmas.I hope you like it.

click on the link below to listen to it

https://tntradiolive.podbean.com/e/claudio-grass-on-jerm-warfare-with-jeremy-nell-23-december-2022/

This work is licensed under a Creative Commons Attribution 4.0 International License. Therefore please feel free to share and you can subscribe for my articles by clicking here

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Tags: Claudio Grass,Featured,newsletter

What physical precious metals investors can expect 2023 and beyond

Throughout the better part of 2022 there has been one question that has consistently, and predictably, popped up in conversations with my friends, clients and readers. Those who know me and are familiar with my ideas are well aware of my position on precious metals and the multiple roles they serve, so I can’t blame them for them for being curious whether I still “stick to my guns” in this era of irrationality in the markets and the economy. Especially for those not versed in monetary history, which is regrettably the vast majority of the population, it is natural to wonder: “If gold is such a great hedge against inflation, why hasn’t it skyrocketed now that inflation is finally here?”. 

Well, there are a couple

What physical precious metals investors can expect 2023 and beyond

Throughout the better part of 2022 there has been one question that has consistently, and predictably, popped up in conversations with my friends, clients and readers. Those who know me and are familiar with my ideas are well aware of my position on precious metals and the multiple roles they serve, so I can’t blame them for them for being curious whether I still “stick to my guns” in this era of irrationality in the markets and the economy. Especially for those not versed in monetary history, which is regrettably the vast majority of the population, it is natural to wonder: “If gold is such a great hedge against inflation, why hasn’t it skyrocketed now that inflation is finally here?”.

In mid-November, while the whole world was focused on the Ukraine crisis, the US midterms or whatever other “big story” the media decided was more important, a truly momentous shift took place in the global financial system. It might seem like a small step on the surface, but it has the potential to bring about a real and possibly irreversible sea change in the way we use money; or better said, the way it uses us.
As Reuters reported on the 15th of November, “Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York. Citigroup Inc , HSBC Holdings Pl, Mastercard Inc and Wells Fargo & Co are among the financial companies participating in the experiment alongside the New York Fed’s innovation center, they said in a

In mid-November, while the whole world was focused on the Ukraine crisis, the US midterms or whatever other “big story” the media decided was more important, a truly momentous shift took place in the global financial system. It might seem like a small step on the surface, but it has the potential to bring about a real and possibly irreversible sea change in the way we use money; or better said, the way it uses us. 

As Reuters reported on the 15th of November, “Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York. Citigroup Inc , HSBC Holdings Pl,  Mastercard Inc and Wells Fargo & Co are among the financial companies participating in the experiment alongside the New York Fed’s innovation center, they

In mid-November, while the whole world was focused on the Ukraine crisis, the US midterms or whatever other “big story” the media decided was more important, a truly momentous shift took place in the global financial system. It might seem like a small step on the surface, but it has the potential to bring about a real and possibly irreversible sea change in the way we use money; or better said, the way it uses us. 

As Reuters reported on the 15th of November, “Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York. Citigroup Inc , HSBC Holdings Pl,  Mastercard Inc and Wells Fargo & Co are among the financial companies participating in the experiment alongside the New York Fed’s innovation center, they said in a statement. The

A practical roadmap to reclaiming individual and financial sovereignty – Part II of II

Essential ingredients

There have always been people with a passion for liberty. Since the earliest historical records, we can find questioners, dissenters, “trouble makers”, contrarians and all kinds of free and inquisitive minds. In this day and age, however, technology has played a decisive role in the influence they can have. Sure, the “bad guys” might be taking advantage of all the latest innovations for their nefarious goals and their devious plans. But the “good guys” have also massively benefitted. 

For one thing, over the last decade, it has become extremely easy to find, engage with, learn from and debate with like-minded people. Too many of us take this

A practical roadmap to reclaiming individual and financial sovereignty – Part II of II

Essential ingredients

There have always been people with a passion for liberty. Since the earliest historical records, we can find questioners, dissenters, “trouble makers”, contrarians and all kinds of free and inquisitive minds. In this day and age, however, technology has played a decisive role in the influence they can have. Sure, the “bad guys” might be taking advantage of all the latest innovations for their nefarious goals and their devious plans. But the “good guys” have also massively benefitted. 

For one thing, over the last decade, it has become extremely easy to find, engage with, learn from and debate with like-minded people. Too many of us take this for granted, but if you

A practical roadmap to reclaiming individual and financial sovereignty – Part I of II

Those who are familiar with my ideas and my writings undoubtedly know that one the issues I’m most passionate about is individual freedom, on all levels. I believe that free-thinking people know what’s best of them and they need no “guardians”, no “nannies” and certainly no bailiffs and enforcers, to limit or to dictate their choices “for their own good”. As long as those choices cause no harm or damage to nobody else and they violate no property that isn’t theirs, all that should govern the individual’s choices is their own conscience. 

However, today’s “leaders”, in politics and in the corporate world alike, clearly think otherwise. They view humans as fundamentally

A practical roadmap to reclaiming individual and financial sovereignty – Part I of II

Those who are familiar with my ideas and my writings undoubtedly know that one the issues I’m most passionate about is individual freedom, on all levels. I believe that free-thinking people know what’s best of them and they need no “guardians”, no “nannies” and certainly no bailiffs and enforcers, to limit or to dictate their choices “for their own good”. As long as those choices cause no harm or damage to nobody else and they violate no property that isn’t theirs, all that should govern the individual’s choices is their own conscience. 

However, today’s “leaders”, in politics and in the corporate world alike, clearly think otherwise. They view humans as fundamentally flawed, as eternal

Https://www.regentreff.de/vortrag-dezember-2022/

Vortrag von Claudio Grass am Samstag, 17. Dezember 2022 in Regen

Der «Great Reset»

und was es wirklich bedeutet

Claudio Grass stellt die  «geistigen Täter» der heutigen Gesellschafts- und Systemkrise vor und erklärt, was hinter dem Schlachtruf «der lange Marsch durch die Institutionen» steckt. Er beleuchtet die Geschichte des Geldes und des heutigen Bankensystems. Was bedeutet Inflation und wer ist dafür verantwortlich? Wir besprechen die künstlich aufgeblähten Finanzmärkte und die toxische Rolle der Zentralbanken. Das Ziel ist, den Zuschauern aufzuzeigen, warum wir uns bereits in einer globalen Weltwirtschaftskrise befinden und wie sich der Einzelne davor schützen kann.

Der Referent:

Claudio