This election has demonstrated amply that democracy is dead
Banana democracy and banana money will come forth
You can print money to meet demand for all the things
The spotlight is on who prints and the nature of the printed money instrument
It is printing up a fiction of money to meet ‘demand’ comparable to the fictional demands of identity politics
MMT is akin to 56 genders
I don’t see any summary more fitting
MMT can be summarised as oligarchy controls the definition of money
Whatever pretence of democracy is done now
This Western civilisations tenet...
Total rubbish unless you can substantiate it
The spot price is now around 2475
On Friday, the time of your post it was a lot higher 2566.70...
The problem at hand is 100% parasite action
We’ll end this when we generally agree to expel parasites taking the fruits of our labour
I won’t quote the gloat after the above statement
In reality, sovs are .2354 from recall
That would make spot 603.7
The difference is 5.75%...
A charlatan, grifter and a crackhead. Maybe Down’s syndrome, Alzheimer’s or pure malice (fraud, in the sense of it is not your gold) in extreme cases
This section of the website is better off members only. Prying eyes that have delicate constitutions will not find themselves offended, site...
1 house in Wilcannia, one house in Bellevue Hill. Are they not the same?
That’s as good view. It is inexpensive and rarer then gold. It also has industrial potential. Those two factors crystallised = a squeeze.
Silver at 20 is easy to see coming because the price is so volatile. It probably won’t last long due to the obvious issue with delays in physical...
Last time this kicked off, there was a big drive towards the USD, being the “reserve” (lol)
So, short term (3 month) maturity US T-bills actually...
Another matter is the loss of international student kidney harvesting...oops, I mean education in exchange for residency
With the loss of that, a...
It might take an evaporation of confidence in fiat (paradoxically). The most logical format for a major pullback would be destruction of...
Don’t be drawn
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