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The “Business” of Central Banking—Usury and Tax Farming
The “Business” of Central Banking—Usury and Tax Farming Central banking is “a great business to be in, where you print money, and people believe it.” That’s what the head of New Zealand’s central bank said recently in an unscripted moment of candor. It led me to wonder about the nature of this strange “business.” Let […]
Canada’s Bill C-26: Yet Another Government Power Grab
Canada’s Bill C-26: Yet Another Government Power Grab Technocracy – a 1933 cartoon by Winsor McCay. Soviet Era Ethos Stomps Privacy and Due-Process Another doozy from the Canadian government. Following along several other bills winding their way along the Road to Serfdom… Bill C-11 regulates the internet under the CRTC and paves the way toward institutionalized […]
Serf-Expression
Serf-Expression Eventually the “flock of timid and industrious animals” changes their minds about how much exploitation by the few is acceptable. You may have noticed the news flow beyond the hot war in Ukraine is largely focused on capital: financial capital (markets, liquidity, interest rates, commodities, central bank tightening, etc.) and political capital (geopolitical maneuvering, sanctions, revising energy and defense […]
Net-Zero Policies: Taking From the Poor and Giving to the Rich
British Prime Minister Boris Johnson (R) and Australia’s Prime Minister Scott Morrison gesture prior to a bilateral meeting on the sidelines of the G20 summit in Rome, Italy, on Oct. 30, 2021. (Kirsty Wigglesworth- Pool/Getty Images) VIEWPOINTS Net-Zero Policies: Taking From the Poor and Giving to the Rich It is too often overlooked in all […]
Want to Understand Rising Wealth Inequality? Look at Debt and Interest
Want to Understand Rising Wealth Inequality? Look at Debt and Interest “Governments cannot reduce their debt or deficits and central banks cannot taper. Equally, they cannot perpetually borrow exponentially more. This one last bubble cannot end (but it must).” I often refer to debt serfdom, the servitude debt enforces on borrowers. The mechanism of this […]
Charting America’s Descent Into Peasantry
Charting America’s Descent Into Peasantry Earlier today, I published a post titled Americans Have Been Turned Into Peasants – It’s Time to Fight Back. In the hours since, I came across an article in the Washington Post which offers some additional details and graphics on the subject. Here are a few excerpts from the piece titled, 2015 Was a Terrible Year for […]
Must Watch Video – “The Veneer of Justice in a Kingdom of Crime”
Must Watch Video – “The Veneer of Justice in a Kingdom of Crime” All government, in its essence, is a conspiracy against the superior man: its one permanent object is to oppress him and cripple him…The most dangerous man to any government is the man who is able to think things out for himself, without […]
The Status Quo Plan – Convince the American Public to Accept Serfdom
The Status Quo Plan – Convince the American Public to Accept Serfdom Earlier today I came across a fantastic article published at Naked Capitalism by a writer known as Gaius Publius. Yves Smith introduces the piece with the following poignant passage: Let us not forget that the “things are going to get worse for you” story also conveniently […]
Western Peoples Are Being Re-Enserfed
Western Peoples Are Being Re-Enserfed Following the collapse of the Western Roman Empire, free farmers were defenceless in the face of Viking, Magyar, and Saracen raiders. The need for protection led to the enserfment of free people who accepted the suzerainty of those able to provide walled defenses and armed fighters to ward off attacks. […]
How The Masses Deal With Risk (And Why They Remain Poor)
How The Masses Deal With Risk (And Why They Remain Poor) Last week I discussed how humans are wired to pay attention to scary things.In financial speak: risk. Darwinism has chastised those who ignore risk by rewarding them with an early grave, and by process of elimination rewarded those who stay out of the cross hairs. […]
The Re-enserfment of Western Peoples
The Re-enserfment of Western Peoples The re-enserfment of Western peoples is taking place on several levels. One about which I have been writing for more than a decade comes from the offshoring of jobs. Americans, for example, have a shrinking participation in the production of the goods and services that are marketed to them. On […]
Neo-Feudalism Has Officially Arrived – Congressman Suggests Building a Moat Around White House | Liberty Blitzkrieg
Neo-Feudalism Has Officially Arrived – Congressman Suggests Building a Moat Around White House | Liberty Blitzkrieg. What has been occurring over the past several years is not a recovery, rather, it’s a painful transition of the U.S. into a neo-feudal society. Earlier this week in the post, Welcome to the Recovery – U.S. Child Homelessness Hits […]
