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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system." ~Raymond Chandler , The Long Goodbye -
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Category Archives: Viewpoint
Pure Insanity…
I need to vent. Not something I normally do too much of…OK…my wife was out of work due to COVID-19 for over a month and we were not able to secure any money relief from the State of Arizona because … Continue reading
Did you know???
Well… it’s ALL bats to me! Many theories have been advanced to explain the origins of the novel COVID-19 coronavirus that emerged in Wuhan, China, in late 2019, ranging from the prosaic finding that it was merely a natural mutation … Continue reading
No, This Is Not Another 1929, 1973, 1987, 2000, or 2008
Basing one’s decisions on analogs from the past is entering a fool’s paradise of folly. Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation in the past which will clarify the swirling … Continue reading
Why Americans Don’t Have Any Savings
In response to a likely worldwide recession, governments have turned on full blast the fiscal and monetary spigots. A $2 trillion spending plan has just been approved in the USA, central banks are on a buying spree, and the $1200 … Continue reading
The US Will Never Get Back to Pre-Coronavirus Spending Levels, History Suggests…
… and that means trouble – with a capital “T” Not only does the US government never pay back what it has borrowed, somehow the emergency stimulus spending always becomes the new normal. It just took a couple of weeks … Continue reading
A Rational Look at the So-Called Covid 19 – Pandemic
What is yet to come will be a devastating collapse of the economy of the US, due to the suspension of normal economic activity for so many months… 2,835,205 Americans died in the year 2018. (Source: National Vital Statistics System). … Continue reading
JUST My Opinion ~ Nothing More
I’m no economist, but I’m not stupid either. I have two eyes, and I have a brain and I use them both; and they tell me that something is going on right now in regards to our economy; particularly the … Continue reading
How to return to sound money
Introduction There has been very little commentary in recent years about the benefits of sound money, being limited almost entirely to followers of the Austrian school of economics. Even less has been written about how to back out of inflationism, … Continue reading
The Party’s Over… The Bill ALWAYS Comes Due!
Money is supposed to be representative of all the goods and services that the country has produced in an entire year.