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Collapse You Say, Part 10/Time for Change, Part 1: Money
Collapse You Say, Part 10/Time for Change, Part 1: Money Waves, rocks and ice on the Lake Huron shore Earlier in this series (Parts 5 and 6) I looked at overpopulation and overconsumption and concluded that while both are serious problems, overpopulation is going to take decades to solve, while overconsumption could be addressed quite quickly. By reducing […]
The Zombie Ship of Theseus
The Zombie Ship of Theseus The Ship of Theseus is an old philosophical thought experiment. It asks a question about identity. Suppose you replace all of the boards of a ship with new ones—is it still the same ship? We are not going to try to resolve this millennia-old paradox. Instead, we are going to add one […]
Ruling the World of Money
Ruling the World of Money Ten times a year— once a mouth except in August and October— a small elite of well dressed men arrives in Basel, Switzerland. Carrying overnight bags and attache cases, they discreetly check into the Euler Hotel, across from the railroad station. They have come to this sleepy city from places […]
The Futility of Central Bank Policy
THE FUTILITY OF CENTRAL BANK POLICY It is only now becoming clear to the investing public that the purchasing power of their currencies is declining at an accelerating rate. There is no doubt that yesterday’s announcement that the US CPI rose by 6.2%, compared with the longstanding 2% target, came as a wake-up call to […]
When they say money, think energy
When they say money, think energy The Indian government ruffled a few feathers at the COP this morning, by raising the thorny question of the £722bn they were supposed to receive to aid their transition away from fossil fuels. Because, when all is said and done, the proposed transition is all about money. Decommissioning the old fossil […]
We’re Starting to Feel Like There’s Nothing Left to Lose
We’re Starting to Feel Like There’s Nothing Left to Lose Striketober is just the beginning. Adobe Stock They wouldn’t pay me. “If you forgot to clock in, then you didn’t work.” One night, I stayed late to help clean up the kitchen. We were understaffed again, as usual. The manager clocked us out 30 minutes […]
What is Surplus Energy?
What is Surplus Energy? I’ve been meaning to write an article featuring Dr. Tim Morgan’s blog for quite some time due to the fact that he has quite an awesome site. You can find his blog here, Surplus Energy Economics. Many people may find the word economics in the name somewhat off-putting, but these economics are more about energy […]
Here’s Why Modern Unbacked Money Derives Value from Gold
Here’s Why Modern Unbacked Money Derives Value from Gold Photo by Giorgio Trovato This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The value behind money, why gold’s price has grudgingly responded to recent market turmoil and what higher energy prices mean for gold and […]
“Programmable Digital Currency”: The next stage of the new normal?The war on cash’s endgame is here: money replaced by vouchers subject to complete state control.
“Programmable Digital Currency”: The next stage of the new normal?The war on cash’s endgame is here: money replaced by vouchers subject to complete state control. Building on the bitcoin model, central banks are planning to produce their own “digital currencies”. Removing any and all remaining privacy, granting total control over every transaction, even limiting what […]
One Ring to Rule Us All: A Global Digital Fiat Currency
One Ring to Rule Us All: A Global Digital Fiat Currency We’ve written extensively about the “war on cash.” In a nutshell, governments would love to do away with cash in order to better track and control their citizens. There have been numerous moves closer to a cashless society in recent years, from capping ATM withdrawals to doing […]
Money, Bad Policies, Inflation & You
Money, Bad Policies, Inflation & You How to weather the inflationary and energy storms The global financial system and economy are a house or cards. Built on an unsustainable underpinning to ever-increasing debt the financial system is, as far as I am concerned, irretrievably insolvent. To truly grasp this you need to understand the basics […]
The Corporations Are The Government: Notes From The Edge Of The Narrative Matrix
The Corporations Are The Government: Notes From The Edge Of The Narrative Matrix Listen to a reading of this article: ❖ You’d think the revelation that the CIA planned to assassinate an award-winning journalist for journalistic activity would have been a bigger deal. ❖ Capitalism hinders progress because it ensures that all mass-scale human behavior will be driven by […]
Why the economy must grow
Why the economy must grow There are three main reasons why our economy grows: • because it is easier to make money in an economy that is growing • because we all, individuals, companies and governments, borrow money • because we pay interest on the money we borrow. Because it is easier to make money in a growing […]
The Coming Climate Crisis Shakedown in Scotland
The Coming Climate Crisis Shakedown in Scotland In 2016, an inconceivable event aborted the Paris climate scheme. The Americans elected Donald Trump. Calling the Paris deal a rip-off of his country, Trump swiftly pulled the U.S. out of the accords. Upon what grounds? Put simply, America First. “Follow the money!” The old maxim is […]
