Your Life Is Being Stolen Right Now | Modern Slavery

Your Life Is Being Stolen Right Now | Modern Slavery

The resources that we value — time, money, labor, tools, land, and raw materials; exist in limited supply. There are simply never enough resources to meet all our needs, and desires — creating a condition known as, ‘scarcity. Of all the resources,...
Fiat Money Economies Are Built on Lies

Fiat Money Economies Are Built on Lies

Now and then, it pays to take a step back to get a broader perspective on things, to look beyond the daily financial news, to see through the short-term ups and downs in the market to find out what is really at the heart of the matter. If we do that, we will not miss...
To CBDC or Not to CBDC?

To CBDC or Not to CBDC?

Count me as bemused by the idea of issuing a central bank digital currency. The rough idea is to let citizens directly hold electronic currency issued by their central bank—the Federal Reserve in the US, the Bank of Canada in Canada. Citizens could then use the...
The Handshake That Ended the Dollar Reserve Status

The Handshake That Ended the Dollar Reserve Status

Over the last decade, America’s adversaries have engaged in a de-dollarization push. Russia, China, Iran, and several others have been attempting to weaken the greenback’s stranglehold on global commerce. But what has this entailed exactly? And has it been a...
Inflation Is a Form of Embezzlement

Inflation Is a Form of Embezzlement

Monetary inflation is just a type of embezzlement. Historically, inflation originated when a country’s ruler such as king would force his citizens to give him all their gold coins under the pretext that a new gold coin was going to replace the old one. In the process...
The Fed Can’t Tighten

The Fed Can’t Tighten

Gold’s recent selloff looked familiar in that it resembled the types of gold selloffs that occurred when the Fed talked about tightening its loose policy for years in the mid-2010s. It sure talked a good game. But, when it came time to really test how much tightening...