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Channel: Monetary History – JoNova
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Keynes versus Hayek: Big government versus individual rights

Check these out. There’s been an ongoing war of ideas, Hayek vs Keynes, for eight decades and counting — and these videos sum it up consummately. This ongoing academic fight has shaped lives and...

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The money – you earn it, they print it. Welcome to the world of Corruption.

Ladies and gentlemen, it’s obvious (to anyone who knows there’s no free lunch) that one way or another this Festival of Funny Money was going to end in tears. And so it flows… but let’s not forget what...

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The Ground Zero of Global Corruption – it starts with The Currency

The scale of the rot is something to behold. Something is grossly, wantonly wrong with Western Civilization, and lots of people know it, but they don’t know why (and for the next blind rebellion, see,...

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We are all Austrians now

The meme is spreading. Rapidly, day after day, I’m meeting more Skeptical-Austrians, and Austrian-Skeptics. I don’t mean the country, but the economics. James Delingpole-the-brilliant enjoyed my post:...

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This gold bar is worth its weight in … tungsten — corruption knocks on every...

A gold bar that should have weighed 1,000 grams, weighed 2 grams too little. The owner had it cut in half to reveal that the certified, stamped bar with serial numbers had tungsten rods inserted all...

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Murdoch tweets about money printing and inflation, reality won’t be far behind

The game is up when everyone knows the only way out is printing money, because then everyone knows inflation is coming, and the bun-fight begins. Everyone wants the wage rise, the payment now, and to...

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Bonds set record on record, stocks down, gold leaps

The world is so poised on the edge. The jitters are sweeping through tonight. Just suppose you have $100m in assets that you are nervous about. You cannot stick that amount in a bank, because...

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Buy gold while it’s in the ground (Plus David and Jo will be in Sydney at the...

UPDATED (Already) Money is grubby thing, but financial independence means freedom. Freedom to spend time writing what a heart believes instead of what an employer demands. (Freedom to follow the most...

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Quantitative easing bleeds the poor and feeds the rich

In the past, David and I have written about how money supply is rampantly expanding, and how this benefits the spenders and the speculators while punishing the producers and the savers (in a relative...

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Volatility from Vega – Why math models can’t predict the future

Guest post by Eric Worrall How can we predict the climate, when we can’t even predict financial markets? US Subprime House Price Crash Financial markets are a high stakes battle between teams of...

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Carbon tax and Sydney Uni economics, both slugs on the economy

Michael Harris, Senior Fellow in the School of Economics at University of Sydney, has the impossible job of defending the monstrously ineffective carbon tax against the pointless-but-efficient “Direct...

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2022: The Year of Inflation

The most dangerous Big-Government Qango of all may well be the Central Banks (not the NIH). Money drives all the incentives across national economies, but one small unelected group decides the price of...

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Money-world splits into two: Is this the end of an era of US dollar as...

The ante was upped Just like that: The US froze Russian bank accounts. It broke all the rules. In return, Russia is freezing gas deliveries unless people pay in roubles. The US played a very big...

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The dark bubble: There’s a reason everything seems to be going off the rails...

The rise of the tech giant billionaires, the crime, corruption, wokery, war, inflation, climate witchcraft, and the Big-Pharma reckless experiment — is all made possible by the same thing, and it’s...

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