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The biggest hoax in Economics: How CPI maintenance promotes inequality
In this third article to this series on inequality, we will see how, by targeting the CPI that ignores productivity-induced price deflation, savings are surreptitiously taken from consumers and handed over to capital owners, mirroring what we saw in the first two...
I’VE STOOD ON A SOAPBOX FOR 20 YEARS EXPLAINING GOLD’S VIRTUES
As the world is approaching the end of another failed monetary experiment, very few people are aware what lies ahead of them and therefore nobody is mentally or financially prepared for the massive shock that will hit the world. Gold is now signalling to the few who...
The Greatest Depression Just Began. This is no Drill
Exactly a month ago I warned that the Corona Virus outbreak was going to pop the “Everything Bubble.” I did something fairly subtle. I buried my main message under a whole heap of cow manure. It doesn’t make a rat’s ass if I was right or wrong about calling for a...
Fed’s Stress Tests on Banks Should Have Factored in a Pandemic
Each year the Federal Reserve comes up with a hypothetical, severely adverse economic scenario against which it evaluates the ability of Wall Street’s mega banks to weather the storm. Called “stress tests,” this year’s severely adverse scenario features a severe...Start Your Dollarcation With RTD University
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