Money vs. Fiat

QUESTION: Why do you do not see that money must be backed by something tangible? ANSWER: That is an antiquated barter perspective; you are blind to reality. Your proposition is that only gold has value and you yourself are worthless. … Continue reading →

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Market Talk – April 18, 2024

April 18, 2024

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 117.90 points or 0.31% to 38,079.70 Shanghai increased 2.84 points or 0.09% to 3,074.22 Hang [...]

Russia Set to Outpace All Advanced Economies – Sanctions FAILED

April 18, 2024

Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that Russia’s economy will grow more [...]

Why We Cannot Reach the Fed’s 2% Inflation Target

April 18, 2024

The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on [...]

Republicans v the Department of Energy and Environmental Protection Agency

April 18, 2024

The federal US government insists 60% of all new car production must be electric by 2030 – six years away. I have explained numerous times how this is unsustainable for [...]

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Money vs. Fiat

Latest Posts

Market Talk – April 18, 2024

Russia Set to Outpace All Advanced Economies – Sanctions FAILED

Why We Cannot Reach the Fed’s 2% Inflation Target

Republicans v the Department of Energy and Environmental Protection Agency

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