Category: Economy

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SHORTAGES & HYPERINFLATION LEAD TO TOTAL MISERY

At the end of major economic cycles, shortages develop in all areas of the economy. And this is what the world is experiencing today on a global basis. There is a general lack of labour, whether it is restaurant staff, truck drivers or medical personnel. There are also shortages of raw materials, lithium (electric car...

Doug Casey on Insider Trading… Why Politicians Can Do it and You Can’t
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Doug Casey on Insider Trading… Why Politicians Can Do it and You Can’t

International Man: What exactly is insider trading? Is it inherently unethical? Doug Casey: The term insider trading is nebulous and as open to arbitrary interpretation as the Internal Revenue Code. A brief definition is to trade on material, non-public information. That sounds simple enough, but in its broadest sense, it means you are a potential...

Bitcoin price should be ‘much lower’, look for these ‘hot tokens’ instead – Clem Chambers
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Bitcoin price should be ‘much lower’, look for these ‘hot tokens’ instead – Clem Chambers

Current valuations for the major cryptos, including Bitcoin, are "miraculous" and prices should be much lower, said Clem Chambers of InvestorsHub.com. Chambers told David Lin, anchor for Kitco News, that there are several other tokens to look at, and in particular, the DeFi space overall has more long-term potential. Follow Kitco News on Twitter: @KitcoNewsNOW...

Digital euro will bring innovation opportunities
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Digital euro will bring innovation opportunities

In July 2021, the European Central Bank confirmed that it is beginning a two-year investigation into the digital euro, with sights set on a 2026 launch. It is a bold step for the payments industry, and one that could open up exciting new opportunities within Europe. While the issuance of central bank digital currencies remains largely...

Italy and France advance in German agenda
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Italy and France advance in German agenda

Italy and France look set to top Germany’s European policy agenda if, as expected, Finance Minister Olaf Scholz heads a new Berlin government taking office before Christmas. There were few hints of concrete European initiatives in the three-party document published on 15 October as a prelude to formal coalition talks between Scholz’s Social Democratic Party...

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Top Ten Videos — October 18 2021

Gerald Celente: I just bought more gold … Kyle Bass: This is how you get stagflation … E.B. Tucker: Not thinking like the wealthy will cost you everything … Alasdair Macleod: This is the beginning of the end for fiat currencies and financial assets … ADV: A close-up look at China’s biggest ghost city …...

Return of cost-push inflation may lead to stagflation
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Return of cost-push inflation may lead to stagflation

Like Covid-19, transitory price shocks are contagious. They spawn wage demands and further price hikes among hard-hit workers and businesses. Even when a transitory shock is reversed, the final price increase is a multiple of the first, determined by an inflationary ‘R’. This measures the retaliatory recapture of lost real income. If half the initial...

When a Train Wreck Is No Accident
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When a Train Wreck Is No Accident

“In spite of all the rhetoric, we will go deeper in debt, the Fed will print more money, and the value of the dollar will continue to plummet.” – Ron Paul Never in history have the economic and political structures been so manipulated by those who are responsible for their safekeeping; never has so much...