QUESTION: Hello, with all the talk of sanctions in the news against North Korea and Iran, have sanctions against a country ever worked? Aren’t they a pretext that leads to violence and war? Has any country that was developing nuclear weapons ever been prevented from eventually having them? Thanks, Bill ANSWER: Sanctions have never worked. […]
QUESTION: Could you please tell us more about the bank of the national banks (BIS) located in Swiss? Many thanks for your information. I love to read your blog first thing in the morning!!! JS ANSWER: The Bank for International Settlements (BIS) was originally established to handle the reparation payments of Germany. It was […]
QUESTION: You said you are worried about what comes after Trump you mean after the next four years right? There is no way Trump can lose this election right? Thank You S ANSWER: My concern is not a specific time, but who could possibly replace him as a person. There is nobody I know of […]
QUESTION: In the recent past you have spoken about rising interest rates in the USA being imminent. Just wondering where we stand on that front as rates have been in a downtrend since peaking last fall? Thanks, Pete ANSWER: The rise in interest rates comes with the turn in the ECM in January. However, what […]
QUESTION: Martin – Just read your latest on Lewrockwell.com, regarding taxation. I think the most basic, simplistic explanation you can put forward about income taxation, now in 2019, is that governments are taking directly out of our paychecks, while at the same time, printing money like deranged lunatics. Why tax my labor income if you […]
I just returned from New York City, the armpit of the world since I never saw an apple tree there yet, and I had a very interesting meeting behind the curtain. I thought I would share this subject which they agreed I could go public on without names of course. Besides the fact that there […]
New findings are out from the New York Federal Reserve that reveal a troubling outlook for millennials who have now reached over US$1 trillion of debt, but the worst of it is student loans. This is a sharp rise of 22% over the past five years and is worse than any other generation in history. […]
QUESTION: Controls v Protectionism If capital controls would be such destructive measure, then China already has in place what one would consider Capital Controls and if they were to lift their control a lot of money will leave China – why is that not destructive: as you mention that the centre of finance will move […]
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Al Gore is still at it. At the expense to Australian taxpayers of $142,000, Gore will lead a three-day climate change lecture in Queensland. Gore will push his global warming theory, speaking at the Minister’s Climate Change event in Brisbane from June 5 to 7, 2019. The three-day climate change conference was supposed to include […]
