A few disjointed thoughts The petrodollar is dead. Long live the petrodollar. The dollar has been on the oil standard, roughly, since the 1970’s. That is damned near over. The Saudi’s are going to take yuan, which is also fiat trash, for oil. Reasons why the Saudis would take China’s cruddy fiat vs. the US’s …
The truckers are demonstrating/protesting, whatever. Good for them. They are probably messing up. Badly. They are going to get blamed for supply shortages that were already coming. The “supply chain” is badly, badly broken. Store shelves are going to be empty of many products, and the products that are in stock are going to increase …
Creative Destruction is evil. Creation is good. Destruction is not creative. It is destruction of that which is good. It is evil. Evil is the privation of the good, which, through the act of men with freewill looks like an active force. Don’t be tricked like the Manichaeans. From Infogalactic: Creative destruction (German: schöpferische Zerstörung), …
I’ve been thinking about interest rates. It seems like I’m always thinking about them. Inflation is high right now. The gubermints Consumer Price Index says inflation, the rate of increase in prices denominated in dollars over a given period of time, has increased 6.8% this year so far. Shadowstats.com uses the same method the gubermint used …
I’m not sure interest rates work like we’ve been told Read More »
If, like in my last post, the fed raising the discount rate doesn’t effect prices like the monetarists told us, what is going to happen this go around? Let me be clear. I do not know for certain that the interest rate/inflation relationship holds as the monetarists told us. If it does, how do we …
We already are. The middle class is shrinking. Inflation adjusted wages have been stagnant for close to 50 years now. Education costs more in real terms. Housing costs more in real terms. Food costs more in real terms. Additionally, there are expenses that exist now that didn’t exist for normal people 30+ years ago. Cell …
I have a good friend who had a low 8 figure contract to sell his small business. It fell through. His largest customers were not willing to renew their contracts with him, not because they were dissatisfied, but because they weren’t sure what pricing and inflation would be like over the next twelve months. This …
The industrial revolution caused the Great Depression. In working to get a small market farm going, I’ve been thinking a lot about the ag business for the smallholder. What products sell? What are the prices? Where do they sell? What, precisely, is the marketing channel? I’ve got some answers for these questions. They may be …
The industrial revolution caused the Great Depression Read More »
I keep hearing this, “Bro, I can’t lose my job” as an excuse to conform with mandates. Insane HR proclamations, degrading CRT training, experimental gene therapies, quality degrading compromises, etc. are all being required of employees at statistically every job in the United States. The normie thinks to stand up to these wrongs is going …