Gloom Boom Doom, Released on 5/1/21 “Every ambitious would-be empire clarions it abroad that she is conquering the world to bring it peace, security and freedom, and is sacrificing her sons only for the most noble Continue…
Gloom Boom Doom, Released on 3/1/21 Inflation is always coincident with war, and hyperinflations often occur either at the beginning Continue…
Gloom Boom Doom, Released on 12/31/20 A few days ago, I read a tweet by Continue…
Gloom Boom Doom, Released on 10/1/20 According to economist Thorstein Polleit who works for Degussa and writes occasionally for www.mises.org, “price inflation caused by the increase in the quantity of money does not only Continue…
Gloom Boom Doom, Released on 8/1/20 My advice is to hold a basic allocation to precious metals, and if desired take occasionally trading positions. Should confidence in the system erode (I am surprised there is still any confidence left) Continue…
Gloom Boom Doom, Released on 7/1/20 “Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” Continue…
Gloom Boom Doom, Released on 6/1/20 “Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship.” “Once politics become a tug-of-war for shares in the income pie, decent government is impossible”. Continue…
Gloom Boom Doom, Released on 4/30/20 Be prepared! Sometimes in future, your children or grandchildren will ask you about the current economic slump. They will question: “how was it possible that such a minor pandemic in terms of mortality Continue…
