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Putting all the Pieces Together
Putting all the Pieces Together We start our podcast today more than 2,500 years ago at a time when the dominant superpower in the western world was the Achaemenid Empire of Persia. Their civilization had reached an unfathomable level of wealth and sophistication; historical records show that, at peak, the Persian treasury had more than […]
The Media is the Number One Cause of War Since 1898
The Media is the Number One Cause of War Since 1898 In 1895, a 32-year old entrepreneur in New York City bought a failing newspaper and hatched a bold plan to turn it around. The newspaper industry was cutthroat, especially in New York. There were at least 16 other daily newspapers in circulation, and there […]
Five critical factors why prices will stay high for years
Five critical factors why prices will stay high for years At approximately 9am local time on February 21, 1972, a Boeing 707 airplane dubbed Spirit of ‘76 landed in Shanghai’s Hongqiao airport. The airplane’s main door opened, and out walked US President Richard Nixon. The trip shocked the world. There had been no formal communication […]
Governments have been screwing up their supply chains for 2,000 years
Governments have been screwing up their supply chains for 2,000 years On the evening of March 16th in the year 37 AD, one of the most controversial emperors in Roman history appeared to be dying in his bed. Friends and family gathered to pay their final respects to Emperor Tiberius, who had ruled for more […]
The Imbecile King who put his foot on the pedal
The Imbecile King who put his foot on the pedal Charles II was only three years old when he became the supreme ruler of the Spanish Empire in 1665. But anyone who took just one look at the child knew they were all doomed. Charles had come from a long line of prominent European nobles […]
Here Come the Climate Change Lockdowns
Here Come the Climate Change Lockdowns Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Cities in India Will Lockdown Over Air Pollution The Supreme Court of India has ordered India’s capital, New Delhi, and […]
Three bizarre reasons why inflation is here to stay
Three bizarre reasons why inflation is here to stay When I was about five years old in the early 1980s, my dad brought home our first computer. I’ll never forget it– it was an clunky IBM with a tiny, orange, monochromatic monitor, and dual floppy disks. It had 640 kilobytes of RAM, and no hard […]
How long will the US dollar’s dominance last?
How long will the US dollar’s dominance last? 301 AD was a big year for the Roman Empire. That was the year that, amid spiraling inflation, Emperor Diocletian issued his Edict on Maximum Prices, essentially fixing prices of just about everything across the Roman Empire. The price of wheat, a day labor’s wages, a quart […]
Delta variant throws the world back into Orwellian autocracy
Delta variant throws the world back into Orwellian autocracy Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Doctors could lose medical licenses if they spread vaccine “misinformation” […]
No inflation? Even used car prices are soaring
No inflation? Even used car prices are soaring We’ve reached a point now where anyone who can’t see inflation is clearly not paying attention. Inflation has now become so ridiculous that, according to the Wall Street Journal, even the price of a USED car is increasing… by a lot. Since January 2020, NEW car prices […]
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. . .” […]
It’s time to start thinking about inflation
It’s time to start thinking about inflation In the year 215 AD, the young Roman Emperor Caracalla, then just 27 years of age, decided to ‘fix’ Rome’s perennial inflation problem by minting a brand new coin. Caracalla’s predecessors over the previous several decades had ordered an astonishing debasement of Roman currency; the silver content in […]
Gold vs. the stock market
Gold vs. the stock market More than 3,000 years ago in the early 12th century BC, Greco-Roman legend tells us of a mythical pair of monsters located in the Strait of Messina in southern Italy. The monsters were named Scylla and Charybdis. And both Homer’s Odyssey and Virgil’s Aeneid describe the terror of sailors who […]
Historical lessons in prosperity vs. poverty
Historical lessons in prosperity vs. poverty As the grandson of Genghis Khan, Kublai Khan had a lot to prove. So he set his eyes on the biggest prize in the known world at the time: southern China. Kublai Khan completed his conquest of China in 1279, forging a new empire and creating the Yuan dynasty. […]
