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Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced
Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced Subscribe to International Man In the Middle Ages, the Catholic Church convinced the commoners to buy indulgences to alleviate their sins. And they made a fortune in the process. Similarly, today, our overlords—the mainstream media, central bankers, and their political allies—are working overtime […]
IMF Prepares Financial Revolution – Say GOODBYE to the Dollar
IMF Prepares Financial Revolution – Say GOODBYE to the Dollar Global reserve currency status allows for amazing latitude in terms of monetary policy. The Treasury Department understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The petrodollar monopoly made the U.S. dollar essential for trading oil globally […]
Today’s Contemplation: Collapse Cometh XLIV–The Ruling Class: Chasing Growth Regardless Of the Consequences
Today’s Contemplation: Collapse Cometh XLIV Tulum, Mexico (1986) Photo by author The Ruling Class: Chasing Growth Regardless Of the Consequences Today’s contemplation is in response to an article by the Honest Sorcerer whose writings I discovered not long ago and have enjoyed for their insight and clarity. I recommend reading them[1]. If only the tragedy that is […]
A Renewable Energy Future Will Collapse the Financial System
A Renewable Energy Future Will Collapse the Financial System Energy is the economy. That’s a radical concept because most people think that the economy runs on money. It doesn’t. What is energy? It is the potential or capacity to do work. The economy runs on work. That’s why energy is the economy. That’s simple. What […]
More Golden (and Black-Gold) Proof: The Dollar is Totally Screwed
More Golden (and Black-Gold) Proof: The Dollar is Totally Screwed Ever since day-one of the predictably disastrous and politically myopic insanity of weaponizing the world reserve currency against a major power like Russia, we warned that the USD had reached an historical turning point of slow demise and increasing de-dollarization. We also warned that this would be […]
Today’s Contemplation: Collapse Cometh CLXIX–Fiat Currency Devaluation: A Ruling Elite ‘Solution’ to Growth Limits
Today’s Contemplation: Collapse Cometh CLXIX Teotihuacan, Mexico (1988). Photo by author. Fiat Currency Devaluation: A Ruling Elite ‘Solution’ to Growth Limits Today’s post is my comment on the latest Honest Sorcerer’s piece regarding the misuse of the term ‘inflation’ and how currency devaluation and the coming energy squeeze overlap. Another well-articulated summary of yet a further aspect […]
Today’s Contemplation: Collapse Cometh XXXII–Greenwashing, Fiat Currency, and Narrative Management: More On Climate Change and Elite Confabs
Today’s Contemplation: Collapse Cometh XXXII November 6, 2021 Tulum, Mexico (1986) Photo by author Greenwashing, Fiat Currency, and Narrative Management: More On Climate Change and Elite Confabs Today’s missive was motivated by a former student’s (and eventual colleague) question regarding a Facebook Post I made regarding COP-26. Here’s what I posted: COP-26. Be aware… These elite confabs […]
Today’s Contemplation: Collapse Cometh CLXI–A Self-Sufficient Community — Better Than Precious Metals or Fiat/Digital Currencies
Today’s Contemplation: Collapse Cometh CLXI Mexico (1988). Photo by author. A Self-Sufficient Community — Better Than Precious Metals or Fiat/Digital Currencies Today I’m sharing a conversation with others via the Comments section for a post on the website Zerohedge — as well as a preamble to the conversation to set the context for my part in the conversation. The article […]
The Future for Fiat
The Future for Fiat The day of reckoning for unproductive credit is in sight. With G7 national finances spiraling out of control, debt traps are being sprung on all of them, with the sole exception of Germany. Malinvestments of the last fifty years are being exposed by the rise in interest rates, increases which are […]
The Specter of Hyperinflation Looms over the Economy
The Specter of Hyperinflation Looms over the Economy The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. Austrian business cycle theory, however, reveals that […]
