All posts in "News"

How Did Rome Put Money into Circulation with no Central Bank?

May 7, 2019

  QUESTION: How were ancient coins placed into circulation? DR JB ANSWER: That is actually a very interesting question. As the legend goes, the Gauls (French) attempted to invade the city of Rome quietly, but had frightened the sacred flock of geese that made a lot of noise. This alerted the Romans to the surprise attack giving […]

WEC 2019 Rome The Great Unknown

May 6, 2019

24,26,367,391.603394 This year’s World Economic Conference was most interesting. We really had to put our thinking caps on because we have entered the Great Unknown where Keynesian Economics has crumbled to dust. We have to reassess the future and how this will unfold as the central banks are beside themselves in many countries and the […]

WEC Rome 2019

May 6, 2019

The Rome 2019 World Economic Conference was a lot of fun. We have a very diverse crowd from around the world including central bankers, hedge funds, pension funds, and private investors. Nigel Farage was great and he calls our conferences the “alternative to Davos,” which inspired applause from attendees.

The Next Major Shift in Society

May 6, 2019

QUESTION: Do you see this new age of the internet destroying jobs that result in a Great Depression as you have illustrated with the advancement of the combustion engine in altering the agricultural economy as we move into the future? What is the future for our children? Thank you KL ANSWER: Society historically moves through […]

Einstein & Curiousity

May 5, 2019

COMMENT: I found your comment most interesting on curiosity as the driving force being Einstein and the key for everyone to follow no matter what the field. This is precisely what is ignored in school. They teach you to memorize, not to challenge the status quo. Thanks HF REPLY: Yes, my professor friend who explained […]

Did Europe Alter its Destiny By Accepting Refugees?

May 4, 2019

QUESTION: If I remember my history well, letting in all of these refugees who are Muslim will eventually mean that Europe becomes Muslim or at the very least we will have a Muslim at the head of the EU in a matter of just a few decades. Would you care to refresh my history on […]

Market Talk – May 1 – 6, 2019

May 3, 2019

Our team is currently focused on providing a great WEC Conference in Rome. We will pick back up on distributing the daily Market Talk thereafter. Thank you, and we apologize for any inconvenience.

Nero’s Palace Finally Open for Tourists After more than 10 years

May 3, 2019

Nero’s Domus Transitoria (Transit House) has finally opened to visitors after 10 years of renovations. Even I have never visited this place despite all the times I have been to Rome. You must descend underground to view the rooms and gardens of the residence, covered over the centuries by other buildings and debris. This was the first […]

Concrete Buildings Create C02?

May 3, 2019

The latest thing now is that constructing office buildings out of concrete and steel is now claimed to account for 5% to 8% of total greenhouse gas. They are now proposing to construct skyscrapers out of wood that are 35 to 40 stories high. They now argue that concrete structures are huge contributors to greenhouse […]

The New Super-bug Reaches USA

May 3, 2019

Back in May 2018, a Brooklyn man entered Mount Sinai Hospital. A blood test revealed that he was infected with Candida Auris (CA) which is a newly discovered fungus that can be deadly if it enters the bloodstream and spreads throughout the body. It is now one of the super-bugs immune to antibiotics. If CA […]

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