More so for the US, but also for Europe, any attempt to tame surging inflation is complicated by recent surges in illegal immigration. There are different factors that cause inflation, i.e. the rate of rise in overall price levels. Monetary factors are the main driver, as the unprecedent monetary stimulus provided by the central banks … Continue reading “While we are talking about surging inflation….”
The path to Venezuelan dystopia
To continue on with the theme of the economic Latinization of the US, Newsom gives more support to our argument — Governor Newsom Proposes $18.1 Billion Inflation Relief Package | California Governor When the government spends more money to bring “inflation relief”, all the government does is give inflation an even bigger boost. By providing … Continue reading “The path to Venezuelan dystopia”
America is becoming even more Latin
Awhile ago (I am being lazy and not looking up when), I posted a write up about America becoming Latin — in terms of its economics (we will just ignore the open border for now). The monetary and fiscal policy of America was becoming more and more similar to those of Argentina and Venezuela. The … Continue reading “America is becoming even more Latin”
Economic Reverberations
The death of democracy in America and the impending demise of its status as a sovereign nation-state have tremendous secular implications, given America’s role in the world. I can only merely touch on the surface of the reverberations that will ripple across the world. From an economic point of view, we are already seeing the … Continue reading “Economic Reverberations”
America is going Latin….
and I am referring to its economy. South America is known for many things, but when it comes to economics, its most salient feature is high inflation. Currently, Venezuela is the most extreme example, as the end game of its Socialist policies has resulted in dictatorship and hyper-inflation. Though the democratic process remains healthy in … Continue reading “America is going Latin….”
Nazi Paradigm
The term Nazi refers to the Nationalist Socialist German Workers Party, which come to power during the Wiemar Republic, in Germany. Hitler was the leader of this political party, and rose to power through the democratic process that existed at that time. However, once he became leader of Germany, he destroyed its democratic institutions and … Continue reading “Nazi Paradigm”
The Actual State of Inflation
In the past, we have argued that the ‘experienced’ rate of inflation — i.e. the increase in the costs of things that we actually buy, both goods and services — has been rising at a much higher rate than the government statistics, such as the Consumer Price Index (aka CPI). A detailed report has been … Continue reading “The Actual State of Inflation”
More Propaganda for a Cashless Society
Bloomberg is often filled with propaganda that supports the agenda of the coming Anti-Christ. Here is just a more obvious ‘opinion’ piece, which makes a ridiculous argument — abolishing cash would make for a free market. https://www.bloomberg.com/view/articles/2016-09-01/want-a-free-market-abolish-cash The agents of the coming Beast are actively working on their agendas. The abolishment of cash is just … Continue reading “More Propaganda for a Cashless Society”