If gold…were judged in an impartial monetary court, the jury would unhesitatingly declare that the precious metal is a superior form of money. The proponents of fiat currency (paper money without any equivalent) would lose both the legal battle and the theoretical argument, while the defenders of “sound money” would present overwhelming evidence and irrefutable …
Category: Economics
Real estate crisis in the US and China creates panic in the global economy
The countdown to the global economy has begun, with the two largest real estate markets on the planet, China and the United States, cracking at the seams and bringing about a new 2008-style financial crisis. We are no longer talking about just a “bubble” that is ready to burst, but about a systemic disintegration. In …
Why don’t central bankers want private money? – The stablecoins revolution
In a recent speech in Portugal, Christine Lagarde — president of the European Central Bank (ECB) — gave a stern warning about the emergence of stablecoins, stating that they could lead to the creation of “new private currencies.” These stablecoins, which are tokens (digital tokens) backed by government currencies (fiat), pose a serious threat to …
Europe survived the public debt crisis but the hard euro will kill it – Export collapse
The European financial landscape is currently facing a powerful combination of factors that are causing concern in its banking sector and beyond – it has sounded the alarm even though this has not been seen in what the established financial media is reporting. Despite statements by Brussels officials about an “opportunity for the euro” to …
The abandonment of the gold standard and inflationary money destroyed prosperity in the West
The monetary history of the twentieth and twenty-first centuries shows us how the US government, step by step, removed the gold standard and introduced fiat currency (paper dollars without any counterpart), to finance its growing political power and the strangulation of civil society through economic management. All advanced economies followed suit. The cost that American …
Trump releases $140 trillion from the subsoil of the Northern Territory of Alaska over a 4-year horizon
US President Trump is expected to push through sweeping institutional reforms to unlock $150 trillion in resources over four years. The Alaska Oil Reserve is a 23-million-acre region rich in oil and precious mineral resources. In 2024, Joe Biden tried to ban drilling and mining there. As its name suggests, the Oil Reserve was created …
The bursting of a bubble that no one has seen yet
The collapse of Lehman Brothers in 2008 was symbolic of a deep global financial crisis, centered on the housing bubble and subprime mortgages. Increasing natural disasters are straining insurance companies, leading to policy cancellations, rising premiums, and ultimately falling property prices. More and more areas in the U.S. are losing their insurance coverage, which in …
Blue economy: What is it and how is it connected to Public Health?
The Blue Economy, i.e. all economic activities related to the sea and water resources, is a key pillar of sustainable development, with significant impacts on both the environment and society. At the same time, public health is directly and indirectly affected by the state of marine ecosystems, the activities that take place in them and …
The disastrous plan for a strong euro will destroy the economy of Europe and its economically weak member countries
The European elite has recently been expressing the arrogant ambition that the euro will benefit from the decline in the dollar’s power as a reserve currency. They are selling this fairy tale, of course, to impose their suicidal geopolitical orientation against Russia, the incredible austerity that the program for the rearmament of Europe will bring, …
A possible wave of hyperinflation could drown Western economies if the Strait of Hormuz is closed
A major disruption to global energy supplies as a result of the closure of the Strait of Hormuz could cause a sharp and sustained rise in oil prices, further fueling inflationary pressures already weighing on consumers and businesses. In more detail: Israel’s attack on Iran on Friday, June 12, 2025, has catapulted their long-running conflict …