Interview with Daniel Model: Part II of II Claudio Grass (CG): All over the West, we saw extreme pain and suffering caused by the mass unemployment that the lockdowns and shutdowns triggered. Across the board, every government’s answer to all this destruction was helicopter money. Do you think throwing cash at this problem was enough and do you find that the various support and relief measures were sufficient to counterbalance all of the deleterious effects of those policies? ...
Read More »“There is no such thing as a free lunch, but the temptation to distribute one or to get one seems to be too strong”
Interview with Daniel Model: Part I of II During these absurd and uncertain times, it is easy to be consumed by the 24-hour news cycle, to be constantly distracted by the latest news and updates, and eventually to lose track of what really matters. We are indeed facing unprecedented challenges and we are witnessing a historic turning point in the relationship of the individual citizen to the state and to centralized power in general. Thus, one cannot be blamed for the urge to...
Read More »Gold is the money of the kings. Silver is the money of the bourgeoisie. Fiat is the money of the slaves.
Gold has been used as money (or a store of value) for thousands of years. It’s always been valuable to humans, for some reason, and it’s withstood everything history has thrown at it. Silver too. Fiat money is what we use today. It’s essentially money created out of thin air, on a spreadsheet, by banks and the government via monetary policy, and it has absolutely nothing backing it. This is why currencies come and go, such as the Zim Dollar which lasted a few decades....
Read More »The bitcoin surge in its proper context
Over the last few weeks we’ve been witnessing a historic surge in the Bitcoin price, a seemingly unstoppable ride that the mainstream media headlines can hardly keep up with. Especially following the news that Elon Musks’ Tesla bought $1.5 in the cryptocurrency, sending it to new record highs, most of the media coverage appears to be focused on all the wrong things. Part fear-mongering over the many “risks” of bitcoin, part pleading for governments to step in and...
Read More »The bitcoin surge in its proper context
Over the last few weeks we’ve been witnessing a historic surge in the Bitcoin price, a seemingly unstoppable ride that the mainstream media headlines can hardly keep up with. Especially following the news that Elon Musks’ Tesla bought $1.5 in the cryptocurrency, sending it to new record highs, most of the media coverage appears to be focused on all the wrong things. Part fear-mongering over the many “risks” of bitcoin, part pleading for governments to step in and regulate the entire...
Read More »“Settled science”: The rallying cry back to the dark ages
Increasingly over the past decade, but infinitely more so over the last year, we’ve been hearing politicians, mainstream media and all kinds of experts urging, and often sternly demanding, citizens, voters and taxpayers to “follow the science”. This demand usually accompanies various new policies, regulations and mandates. Very often, those tend to have passed into law with very little public debate and most of the time, they require some type of sacrifice on the part of the...
Read More »“The bank and the government have essentially blended into one entity” – Part II
Interview with Karim Taleb Part II of II Claudio Grass (CG): Part and parcel of that same institutional “strategy”, especially in its current form, is the idea that deficits and debt don’t matter. Basically, after 2020, it can be argued that we’re all Modern Monetary Theorists now, as nobody in any position of authority has expressed any real concern over the actual costs of all this “free money”. Given the undeniable political advantages of such a “Magic Money Tree”, do you think...
Read More »“The bank and the government have essentially blended into one entity”
Interview with Karim Taleb Part I of II: A lot has been said and written about the impact of the Covid crisis on the global economy and on the prospects of a strong recovery in 2021. Especially since the start of the year, there seems to be a consensus among government officials, institutional leaders and mainstream market analysts and pundits, pointing to an extremely positive outlook. And yet, many investors and market observers who understand monetary history, who have...
Read More »“The centralization of power always fails”
Interview with Martin A. Armstrong, founder AE Global Solutions Inc. As we stand at the beginning of the new year, there’s a lot of hope by investors, business owners, citizens, all of us, that 2021 will be better than its predecessor. We all wish for an end to the pandemic, a return to normalcy, to social interactions and to productive life. However, as we all know, “wishing doesn’t make it so”, and being prepared for the risks and challenges ahead is a far more effective...
Read More »Conversation with H.S.H. Prince Michael of Liechtenstein
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.”- Charles Mackay It is my great pleasure to send you this sit down interview with H.S.H. Prince Michael of Liechtenstein. He is the Executive Chairman of Industrie- und Finanzkontor Ets. www.iuf.li as well as the Founder & Chairman of Geopolitical Intelligence Services AG. www.gisreportsonline.com. The interview discusses the...
Read More »