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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 […]
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 […]
Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change
Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change We now live in a world, where bizarro headlines such as the ones below, have become a daily if not hourly occurrence: *TREASURY TO STUDY IMPACT OF CLIMATE ON HOUSEHOLDS, COMMUNITIES *TREASURY LAUNCHES EFFORT ON CLIMATE-RELATED FINANCIAL RISKS *BRAINARD: CLIMATE-SCENARIO ANALYSIS WILL […]
The Next Economic Crisis – Will Your Wealth Survive?
The Next Economic Crisis – Will Your Wealth Survive? The greatest wealth transfer in history has already begun and the next crisis will only accelerate the process. As the printing presses continue cranking out more and more money, looking forward to a time when the markets pause or another economic crisis consumes the world is […]
2020 Is The Year The Unseen Becomes Seen
2020 Is The Year The Unseen Becomes Seen 2020 is the year of Julian Assange’s extradition trials, the Kafkaesque proceedings by which the US government is attempting to imprison the WikiLeaks founder for the rest of his life as punishment for exposing US war crimes. Assange started an innovative leak publishing outlet on the premise that corrupt […]
Inflation v Deflation–State Finances
INFLATION V DEFLATION – STATE FINANCES There is a general belief, and that is all it is, that state finances fare better in an inflationary environment than a deflationary one. This perception arises from the transfer of wealth from lenders to the state through a devaluation of the currency, which occurs with monetary inflation, compared […]
It’s time to call the housing crisis what it really is: the largest transfer of wealth in living memory
It’s time to call the housing crisis what it really is: the largest transfer of wealth in living memory Image: Images Money, CC BY 2.0 One of the basic claims of capitalism is that people are rewarded in line with their effort and productivity. Another is that the economy is not a zero sum game. […]
The Coming Great Wealth Transfer
WakingTimes.com The Coming Great Wealth Transfer Spoiler alert! It’s already here. In the past, I’ve warned about the coming Great Wealth Transfer. But now we need to talk about it in the present tense, because it’s here. And it will only accelerate from here on out. The Rich will get richer at the expense of everybody else. This […]
Introduction: Bank-Money
Introduction: Bank-Money ‘BANK ROBBERY’ is not a book about how to rob a bank: it’s about how banks rob us. The title sounds a bit sensationalist: perhaps people think it’s not meant to be taken too seriously. Banks don’t actually rob us, surely: they provide a service – even if they do charge too much, and behave […]
