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Weekly Commentary: Generational Turning Point
Weekly Commentary: Generational Turning Point There is an overarching issue I haven’t been able to get off my mind: Are we at the beginning of something new or in the waning days of the previous multi-decade cycle? May 5 – Wall Street Journal (James Mackintosh): “We could be at a generational turning point for finance. […]
Heinberg on what to do at home
Heinberg on what to do at home Preface. A quick summary: Best investment: insulate exterior walls, ceiling, and floors for energy savings. Other good changes were to plant a garden and fruit-and-nut orchard, and buy solar hot water heater, solar food dryer, solar cooker, chickens, energy-efficient appliances Lessons learned: It is expensive, especially energy storage. […]
The Inflation Monster Has Been Unleashed
The Inflation Monster Has Been Unleashed The monster known as inflation has been unleashed upon the world and will not easily retreat into the night. This is reflected in soaring commodity and housing prices. Due to the stupid and self-serving policies of the Fed, we are about to experience a massive shift in the way […]
Here’s How ‘Everything Bubbles’ Pop
Here’s How ‘Everything Bubbles’ Pop But weirdly, and irrationally, bubbles pop anyway. At long last, the moment you’ve been hoping for has arrived: you’re pitching your screenplay to a producer. Your agent is cautious but you’re confident nobody else has concocted a story as outlandish as yours. Your agent gives you the nod and you’re off […]
Oil Tanker Spotted in Risky Active Pass Alarms Activists
Oil Tanker Spotted in Risky Active Pass Alarms Activists Officials promise no repeats. But advocates say the incident raises new concerns about regulation of tankers in BC’s waters. Narrow, twisting and busy Active Pass is no place for oil tankers, say advocates. But a loaded tanker travelled through the busy pass last month. Photo by Ruth Hartnup, […]
Why the public sector needs more dynamic procurement
Why the public sector needs more dynamic procurement There is a huge amount of pressure on farmers to farm more sustainably, but very little focus on how the market can support them in making the necessary changes to realise this ambition. ‘Dynamic procurement’ is a strategy to adjust procurement practices to better reflect and support […]
Relation Between Inflation and Deflation
RELATION BETWEEN INFLATION AND DEFLATION For most commentators inflation is about persistent increases in the prices of goods and services. However, is this the case? For example, the definition of human action is not that people are engaged in all sorts of activities as such, but that they are engaged in purposeful activities–purpose gives rise […]
Space Colonization Is A Capitalist Perception Management Op
Space Colonization Is A Capitalist Perception Management Op Listen to this article: The world’s two wealthiest people are fighting over the moon, which just says so much about where our species is at right now. Elon Musk and Jeff Bezos are in a dispute with NASA over whose private space exploration corporation will get the $2.9 billion […]
Existential Economic Threats: How U.S. States Can Survive Without Federal Money
Existential Economic Threats: How U.S. States Can Survive Without Federal Money We all knew it was coming; the alternative economic media has been warning about it for years. Eventually, monetary intervention and bailout after bailout by central banks always leads to devaluation of the currency and inflation in prices. Helicopter money always ends in disaster […]
Today’s Contemplation: Collapse Cometh XI
Today’s Contemplation: Collapse Cometh XI Knossos, Crete (1993) Photo by author Yet another in an increasing collection of comments I have posted to the online media site The Tyee. This time it is a commentary on an article that reviews a book arguing in favour of the implementation of Universal Basic Income. * * * “No […]
Bank of England Now 2nd Central Bank to Taper, After Canada, but Denies Tapering is “Tapering,” also Following Canada
Bank of England Now 2nd Central Bank to Taper, After Canada, but Denies Tapering is “Tapering,” also Following Canada The Big Taper starts one central bank at a time. But you gotta keep the markets from swooning with a bit of welcome delusion. The Bank of England’s Monetary Policy Committee (MPC) today announced that it voted unanimously […]
Social Unrest Fears Mount As World Food Prices Soar In April
Social Unrest Fears Mount As World Food Prices Soar In April Global inflation is headed into overdrive as the leading food price indicator that is the United Nations’ Food and Agriculture Organization’s food price index increased for an 11th consecutive month in April, hitting levels not seen since May 2014, with sugar prices leading the rise in the […]
Three reasons why inflation is rising. Two of them aren’t going away
Three reasons why inflation is rising. Two of them aren’t going away A remarkable thing happened yesterday that tells you everything you need to know about inflation. In the morning, US Treasury Secretary Janet Yellen stated bluntly that “interest rates will have to rise somewhat to make sure that our economy doesn’t overheat. . .” […]
Lumber: Scary-Crazy Inflation Now Gets Passed On. But These WTF Price Spikes Cannot Last
Lumber: Scary-Crazy Inflation Now Gets Passed On. But These WTF Price Spikes Cannot Last Irrational behavior by buyers confidently betting on being able to pass on that irrationality to their customers. It works until it doesn’t. Lumber futures on Chicago Mercantile Exchange currently trade at a record high of $1,610 per thousand board feet, having […]
