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
money
The Value of Your Money is Changing The value of your money is changing. No matter where you are in the world, you’re going to be affected by the enormous changes coming to the worldwide economy. We’re moving from an inflationary economy to a deflationary one, so it’s really important to understand the difference; it… Read more
httpv://youtu.be/SBjPPFEw4xY People fall in love with having a “dream home,” and cost is usually secondary. They get into debt up to the eyeballs. Really bad idea, particularly right now. That’s because we’re at the very top of the market. In fact, it’s a bubble … certainly in Canada (and Australia is close behind). The US had… Read more
“What’s in your wallet?” I laugh every time I see this commercial, hear, or read this line. With most people, the answer would be “debt!” Capital One has been very successful in changing minds regarding their product. This from a company that in 2012 set aside $150 million for refunds to customers and paid another… Read more
In my post about the Battle of Waterloo, I tell the story of how the Rothschild family got into “the big leagues” financially, by funding both sides in the Battle of Waterloo, and gaining personally from the information they were privy to more than twenty-four hours before anyone else. Here I’ll explore how usury ended up in… Read more
