Tag Archives: Featured

Throughout the corona “pandemic” the Holy Grail of public health officials has been vaccination: only by vaccinating enough people—first the elderly and infirm, then all adults, and now even children—can the nefarious virus be beaten. As vaccination has proven less than wholly successful in preventing the spread of coronavirus, with studies showing rapidly declining protection from the vaccines, governments have doubled down, introducing not only “booster” shots for...

The opportunity to lower our exposure to risk is always present in some fashion, but embracing this opportunity becomes critical when precarity and change-points rise like restless seas. The Chinese characters that comprise the equivalent of “crisis” are famously–and incorrectly–translated as “danger” and “opportunity.” This mis-translation has reached the peculiar prominence of being repeated often enough to be taken as accurate, but according to Wikipedia and...

Fabio Canetg The Australian central bank is being attacked by the markets and is losing control over interest rates. Something similar happened to the Swiss National Bank in 2015 with the minimum exchange rate for the euro. But what is behind this? The government should be able to borrow cheaply. That is what the Reserve Bank of Australia (RBA) promised when the pandemic broke out. It fixed the interest rate on three-year government bonds at 0.1%. Economists call...

One of the realities that nullifies persistent interpretations of the European colonization of the Americas as a cataclysm of subjugation is the existence of state exploitation in the precontact New World. As I have recently shown, many common Indians lived in banal slavery to a political class—the same servitude that every “citizen” of a state lives under, compelled to labor for the benefit of others, albeit with its own unique packaging and set of justifications....

Contrary to popular thinking, there is no such thing as a price level that should be stabilized by the central bank in order to promote economic prosperity. Original Article: “Is Price Stability Really a Good Thing?” One of the mandates of the Federal Reserve System is to attain price stability. It is held that price stability is the key as far as economic stability is concerned. What is it all about? The idea of price stability originates from the view that...

Overview:  The dramatic collapse of the Turkish lira was like an accident one could not help look at, but it was not an accident, but the result of a disregard for the exchange rate and compromised institutions.  The lira was off around 15% at its worst yesterday, before settling 11.2% lower.  After falling for 11 sessions, it has steadied today (~2.7%)  but the capital strike may not be over.  On the other hand, the Reserve Bank of New Zealand delivered the 25 bp...

Der Markt befindet sich seit einer Woche wieder in einem Abwärtstrend. Der BTC verlor 7 Prozent im Wochenvergleich und führte den gesamten Markt in eine kleinere Bärenphase. Auch Ethereum verlor 3 Prozent, kann sich aber dennoch als Gewinner der vergangenen 7 Tage sehen. Ethereum News: Ethereum gewinnt trotz 3 Prozent Kursverlust Der ETH kann sich als großer Gewinner des Marktes sehen, weil die Marktkapitalisierung um etwa 6,7 Prozent verlor. Doch Ethereum gab in...

With the recent rise in inflation—with subsequent increases in both consumer and producer price levels—one suspects that sooner or later people on the left either would downplay it or find a way to spin the bad news into something positive like an alchemist would want to spin straw into gold. Both accounts have arrived, thanks to the New York Times and the hard-left publication, The Intercept. The various accounts in the Times hardly are surprising, given the link...

23.11.2021 – In 2019, the average household disposable income in Switzerland was CHF 6609 per month. A large part of this amount was used for the consumption of goods and services, namely CHF 4985. Households spent 31.0% of their budget on compulsory expenditure such as taxes, social expenditure and health insurance premiums, averaging CHF 2973. These are some of the findings from the Household Budget Survey 2019, carried out by the Federal Statistical Office (FSO)....

To listen to the audio version of this article click here Opposing Monetary Directions “Real estate is the future of the monetary system,” declares a real estate bug. Does this make any sense? We would ask him this. “OK how will houses be borrowed and lent?” “Look at this housing bond,” he says, pointing to a bond denominated in dollars, with principal and interest paid in dollars. “What do you mean ‘housing’ bond’,” we ask, “it’s a bond denominated in dollars!”...