Archive for the ‘Finance’ Category

When the Dollar Collapses, Where Will You Put Your Money?

When the Dollar Collapses, Where Will You Put Your Money?Over the last several years, I have written a multitude of articles about my conviction that the global economy is destined to collapse on a scale humanity has never experienced before. But contrary to some insinuations, my primary objective with these articles is not to create fear and panic. My goal has always been to disseminate these theories to an audience capable of returning debate and criticism. If I am correct, I would hope to prepare at least some small contingency of readers; as a species, I am convinced human beings must find a new way of doing things — because the consequences of the old ways are descending upon us like a maelstrom. So I ask: when the dollar collapses, where will you put your money? Read On…

Bitcoin Can Save Publishing

Bitcoin Can Save PublishingJust as the advent of the personal computer heralded the end of the era of the typewriter, so too did the adoption of a global internet spell doom for print media. Of course, tablets and ebooks did their fair share of damage to paper-based information, as well. But regardless, the paradigm shift is in process: newspapers are closing around the globe, and media companies are struggling to find revenue models that work. With the advent of cryptcurrencies, however, micropayments have become a reality — and it’s starting to become clear that Bitcoin can save publishing. Read On…

The Imminence of Economic Catastrophe

The Imminence of Economic Catastrophe“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The question is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.’ There has never been any attempt to abandon the credit expansion. Indeed any crisis was simply an excuse to open the monetary spigots. This, then, is the beginning of the total catastrophe of the American dollar, indeed the entire world monetary and financial structure.” – Ludwig von Mises

The more I read, the more appalled I become. I am terrified by the imminence of economic catastrophe; it may take years, but as I look around at the general level of ignorance and hubris in the United States today, I can’t help but thinking — yet again — that we deserve what’s coming. Read On…

Fighting the Recession: An Ill Wind Indeed

Fighting the Recession: An Ill Wind Indeed“[It is an] ill wind which blows no man good.” – William Shakespeare

Fighting the recession: an ill wind indeed!

I don’t know what I did before YouTube. With just a few mouse clicks, I can pull up literally hundreds of interviews, editorials, and broadcasts about anything that suits my fancy. And lately, my fancy consists of interviews with some of the most vocal and compelling philosophical, and financial minds daring to speak out against the atrocious fiscal policies the U.S. is employing to battle this economic crisis. Read On…