Tag Archives: Hyperinflation

The Anti-Concepts of Money The cash-value of promoting each of these anti-concepts is that they lead people to think that the central bank should impose a monetary policy. To make our lives better.  Our monetary policy is set by the Federal Reserve, which states that in pursuit of its mandate for price stability, it will engineer chronic 2% annual inflation. If we had nuclear reactor policy like this, power plant engineers would seek a slow, steady increase in core...

Dani Stüssi interview with Claudio Grass Over the last few years, the financial woes and daily pressures that have been unleashed upon the average citizen, saver and taxpayer have put the spotlight on money itself. Countless ordinary people who have otherwise never seriously pondered these questions, began to question basic principles like: what makes their paycheck shrink from month to month, what or who actually responsible of it and what, if anything, they can do to protect...

On November 15th, 2021, almost 20 months ago, I once again had the rare and delightful opportunity to have a conversation with Prince Michael. His insights, and especially his directness and unequivocal honesty, have frequently provided me with a lot of food for thought in the past. This interview was no different. His candid and unfiltered responses to a wide variety of questions and topics made this conversation as illuminating as it was enjoyable. Good things take time – that’s...

“The US dollar’s strength isn’t so much a function of the strength of the US economy or US political leadership, but rather, the fact that we’re competing in a horse race against a bunch of other horses that are completely lame.” Rick Rule – Rule Investment Media The former President and CEO of Sprott, was last on the show at the beginning of February, so it’s an understatement to say he and GoldCore TV host Dave Russell had a few things to catch up on! From US...

Our guest this week is Ed Steer, expert gold and market analyst and author of the Gold & Silver Digest. We invited Ed onto GoldCore TV to get his take on what is concerning him most in financial markets, movements in SLV and sanctions against Russia. He also draws our attention to central bank purchases of gold. Ed’s interview serves as a reminder that those who currently do own gold and silver are just the tip of the iceberg when it comes to the number of people...

The great Ludwig von Mises first described the concept of a crack-up boom as part of the Austrian business cycle theory, based on real life events that to an unsuspecting bystander might have appeared unconnected, or perhaps even quite bizarre and counterintuitive. Indeed, such a bystander might think the same of today’s economy and would likely have trouble making sense of the picture painted by stock markets, by our monetary and fiscal policies and their...

The great Ludwig von Mises first described the concept of a crack-up boom as part of the Austrian business cycle theory, based on real life events that to an unsuspecting bystander might have appeared unconnected, or perhaps even quite bizarre and counterintuitive. Indeed, such a bystander might think the same of today’s economy and would likely have trouble making sense of the picture painted by stock markets, by our monetary and fiscal policies and their inflationary impact and by...

The hidden tax A lot of people might be aware of historical cases of hyperinflation, like that of Hungary and the Weimar Republic, or even contemporary ones, like that of Venezuela. And yet, these are taught or reported like extreme cases, very far removed from the daily experience of most modern Western citizens. They are presented as though this sort of thing “could never happen here” and very often, the mechanisms and the conscious choices that led to these...

The hidden tax A lot of people might be aware of historical cases of hyperinflation, like that of Hungary and the Weimar Republic, or even contemporary ones, like that of Venezuela. And yet, these are taught or reported like extreme cases, very far removed from the daily experience of most modern Western citizens. They are presented as though this sort of thing “could never happen here” and very often, the mechanisms and the conscious choices that led to these disasters are being...

Part II of II Outlook and wider impact As showcased during the debates and in the entire campaign rhetoric, politicians in the US but also in Europe, are solely focused on promoting solutions that only serve to paper over the problems and address the symptoms of the disease. From “covid checks” to rent relief, and everything in between, all their proposed “fixes” are only providing some temporary breathing room to those millions of citizens affected by the economic...