One of the great fictions about money is that it is neutral. It isn’t. It’s either designed for the elites or for the citizenry. Many proclaim a desire for “sound money,” but “backed by X” […]

One of the great fictions about money is that it is neutral. It isn’t. It’s either designed for the elites or for the citizenry. Many proclaim a desire for “sound money,” but “backed by X” […]
Black gold, white gold = inflation Trigger warning: today’s Daily again references big picture issues and literal triggers, rather than the up-and-down xbp or y% of assets a, b, or c. Except in one regard: […]
Decades of social indoctrination and degraded ability to think critically has left most people hopelessly unable to resist the vitriolic opinions of those under the spell of coronavirus mass formation. Even though they didn’t necessarily […]
Several on-chain metrics from the Bitcoin BTC$23,080 network are flashing buy signals following this year’s rally. Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on-chain […]
The fifty-third annual meeting of the World Economic Forum (WEF) brought together fifty-two world leaders, seventeen hundred corporate executives, sundry artists, and other personalities to address “Cooperation in a Fragmented World.” Fragmentation is the nemesis […]
In a November 30, 2022, speech on “Inflation and the Labor Market,” Federal Reserve chairman Jerome Powell blamed most of the 3.5 million estimated shortfall in the US labor force on premature retirements. He also blamed a […]
The World Economic Forum at Davos used to be THE place to see and be seen, but the idea of the richest and most influential people in the world hobnobbing around a common agenda for […]
As the World Economic Forum (WEF) today wrapped up its weeklong annual meeting of nearly 3,000 political, business, media and academic elites, mainstream media largely continued to sing the meeting’s praises, while independent media outlets took aim […]
The World Economic Forum’s annual meeting took place in Davos on January 16-20, 2023. International observers sat down with Sputnik to formulate the main message of the gathering in a nutshell. “This year’s forum featured […]
In 2022, central banks will have purchased the largest amount of gold in recent history. According to the World Gold Council, central bank purchases of gold have reached a level not seen since 1967. The […]