https://youtu.be/OASkr1Dlhm8 Booms and Busts. Both are inevitable in our current fiat-money/debt-based financial system. There’s just no getting around it. It’s a system designed to pad the wallets of the banking community to the detriment of everyone else. “Whoever controls the volume of money in any country is absolute master of all industry and commerce. And… Read more
financial
Many would say we’re in uncertain times. We are in terms of individual events, but the overall picture is fairly clear, if you understand cycles. The human race has been through this cycle many, many times before. We’re like hamsters in a gigantic financial wheel. And we never seem to learn from our mistakes; we… Read more
The Future is Very Predictable We’re heading for a complete financial meltdown on an international basis. That means a bonafide depression is coming in the next few years that will make the 1930s look like a little financial blip. Most of the things you take for granted will not be there — government services, for… Read more
In the year 1900, author Frank Baum wrote “The Wonderful Wizard of Oz,” which many believe is an analogy to our monetary system. It shouldn’t surprise you if you think about some of the elements: silver shoes and a yellow brick road (gold) leading to Oz (short for ounce, which is how gold is priced)… Read more
We’re headed for a long period of spiralling deflation … Inflation, according to Ludwig von Mises, is an increase in the money supply that is not offset by an increase in the need for money. It causes the value of money to decrease, which causes price increases for goods and services. A good example of this… Read more
