The Future of Direct Taxation

The Future of Direct Taxation

The image above may be considered by some as unfair, as it suggests that taxation is a form of robbery. Well, let’s check the dictionary for a definition: “Robbery is defined as taking away of goods or property by force or intimidation.” Well, that certainly fits the...
Quantitative Brainwashing

Quantitative Brainwashing

We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money...
Farewell to Paper Money?

Farewell to Paper Money?

A decade or more ago, I began to discuss with associates the possibility of governments and banks colluding to eliminate physical cash. Back then, the idea struck most everyone as poppycock, that governments could never get away with it. I didn’t write on the subject...
Will They Take All Your Money?

Will They Take All Your Money?

Why not? It’s not yours. Most people assume that, if they have money on deposit in a bank, they own that money. That’s not necessarily the case. Decades ago, some of the world’s most powerful countries began to pass legislation that, if you deposit money in the bank,...