Which is more valuable: Wall Street’s debt/asset bubbles or the global empire? You can’t have both, so choose wisely. The consensus makes sense: the U.S. dollar is doomed because the Federal Reserve and the Treasury will conjure trillions of new dollars out of thin air to prop up the status quo entitlements, monopolies, cartels and debt/asset bubbles, and since little of this issuance actually increases productivity, all it will accomplish is the dilution /...
Read More »US-Inflation erreicht Rekordhoch
Die US-Inflation hat im Oktober ein neues Rekordhoch erreicht – seit 1990 war sie nie höher. Der Goldpreis reagierte bereits und stieg deutlich an. Der Cryptomarkt sollte dadurch nur weiter angeheizt werden. Und wenn wir den Zentralbanken glauben können, wird es auch im nächsten Jahr zu Rekordwerten bei der Inflation kommen. Crypto News: US-Inflation erreicht Rekordhoch Im Oktober lag die jährliche Inflationsrate in den USA bei 6,2 Prozent und damit so hoch wie seit...
Read More »How Asset Price Inflation Is Different from Goods Price Inflation
There has been no constant concept of asset price inflation through the modern age of fiat money even amongst those who recognize the condition. The term has become most popular in the present period of inflation targeting coupled with the use of radical monetary tools. The historian of economic thought could doubtless find some common threads through the evolving concept going back into the nineteenth century or earlier (indeed the first big example is the Dutch...
Read More »Google admits defeat in disputed Swiss cloud tender
US technology giant Google argued that it had the capabilities to offer the cloud data services to Switzerland. Keystone / Bernd Von Jutrczenka The Swiss federal authorities can proceed with awarding a cloud computing contract to five US and Chinese companies, including Amazon, Microsoft and Alibaba, after Google dropped an appeal against the decision to leave it out of the project. “The appeal lodged within the framework of the procedure having been withdrawn, the...
Read More »Schweizer Betreibungsauszüge auf der Blockchain
Betreibungsschalter-Plus.ch bietet neu mit Blockchain-Siegel versehene elektronische Betreibungsauszüge an. Damit hat der Empfänger oder die Empfängerin eines Betreibungsauszugs die Sicherheit, dass die Daten echt sind. Die Blockchain-Technologie bietet einen innovativen Ansatz für die Versiegelung von Dokumenten. Betreibungsauszüge mit einem Blockchain-basierten elektronischen Siegel sind absolut fälschungssicher. Die Echtheit und Unveränderbarkeit der Daten sind...
Read More »Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever
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Read More »Dienstag-Abend ist Corona-Abend
Am kommenden Dienstag, 16. November 2021 finden gerade zwei interessante Anlässe zu Corona, der Covid-Impfung und der Covid-19-Abstimmungsvorlage statt. Offene Diskussionsrunde zum Covid-19-Gesetz Experten aus den Bereichen Recht, Ethik, Medizin und Wirtschaft geben Antworten: Prof. Dr. iur. David Dürr, Anwalt und NotarDr. theol. Ruth Baumann-Hölzle, EthikerinDr. med. Stephan Rietiker, Arzt und UnternehmerAndreas Kyriacou, Präsident Freidenker-Vereinigung Zeit: Dienstag 16....
Read More »Geneva-Lausanne train link remains suspended
The holes were caused by tunneling work under the tracks carried out by a private company, which was working on a thermal energy project using water from Lake Geneva to heat an industrial zone not far from the train line. Keystone / Jean-christophe Bott The main rail link between Geneva and Lausanne in southwestern Switzerland will not re-open until Friday morning, Swiss Federal Railways (SBB/CFF) has confirmed. The line has been suspended since Tuesday after land...
Read More »Why There Is No Free Lunch
No Free Lunch: Six Economic Lies You’ve Been Taught and Probably Believe by Caleb S. Fuller Freiling Publishing, 2021. 110 pp. Caleb Fuller, an economist who teaches at Grove City College, thinks that many people have a mistaken conception of economics. It is, they think, a dull and dry subject, the “dismal science,” of primary interest to specialists. Fuller disagrees. He says that “economics changed my life” (p. 11; all page references are to the Amazon Kindle...
Read More »American farmers pursue Syngenta over herbicide’s link to Parkinson’s disease
Paraquat has been sold in the US since the 1960s and through acquisitions, mergers and spin-offs it ended up in Syngenta’s product portfolio. Keystone / Charlie Neibergall The Swiss-based multinational has already set aside $187.5 million (CHF 171 million) to settle legal cases filed by farmers exposed to paraquat. But the total bill could run into billions as lawsuits pile up. American farmer Doug Holliday has helped feed the nation for decades, growing corn and...
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