The rulers and the ruled in the Western world have long succumbed to a particularly demonic temptation: the replacement of commodity (or precious metal) money with unbacked, state-issued money, known as fiat money. In a sense, they have been seduced by the alluring prospect of securing the power to increase the quantity of money arbitrarily …
Category: PUBLICATIONS
The huge Public debt and Budget deficit, the trade war and the… problem with the dollar
Investors around the world spent much of 2024 worrying about China’s problems with the housing market and deflation. In 2025, it’s the US’s turn to be the star of the negative scenarios. While Donald Trump’s trade war is making headlines, the rapid decoupling between US net foreign investment and the level of federal debt is …
Trump’s Tariffs – US Economic Suicide – and the Gold Standard
On November 30, 2024, US President-elect Donald Trump threatened the BRICS nations – Brazil, Russia, India, China, South Africa, Iran, Ethiopia, Egypt and the United Arab Emirates, as well as other states in the process of joining – with 100% tariffs on their exports to the US if they dare to attempt to replace the …
Russia: Oil – natural gas with Bitcoin and foreign exchange reserves in digital gold
Bitcoin and the BRICS group are seen as weapons to reduce Russia’s dependence on the dollar, according to President Vladimir Putin’s monetary strategy. Due to the inability to access the global financial system and international markets, Russia has to choose alternatives, such as trading in local currencies of allied states and even using its gold …
How is the financial engineering tool -synthetic risk transfer (SRT) disintegrating the Global Financial System?
New products reminiscent of the subprime era and which may create negative vicious cycles and crises are being launched by global bankers, reaping temporary benefits but at the same time questioning the stability of the international financial system. SRT – synthetic risk transfer is one of the hottest financial engineering tools today. The SRT tool …
The return to the gold standard and blockchain are killing the dollar
The changing dynamics of global trade and the economy have intensified the search for a stable, universally accepted unit of account for international settlements. Recent geopolitical tensions, such as Russia’s exclusion from the SWIFT payment system, have accelerated efforts to find alternatives to the dollar. In response, the BRICS nations – which include Brazil, Russia, …
The Central Bank of Russia keeps the key interest rate unchanged for 2025!
At the last meeting of the Board of the Central Bank of the Russian Federation this year, it was decided to leave the key interest rate unchanged – at the level of 21%. This came as a surprise: most analysts were confident that the regulator would continue to tighten monetary policy and increase the index …
FED – Cuts interest rates by 0.25% to a range of 4.25% to 4.50% – Forecast for two 0.25% cuts in 2025
The Federal Reserve (Fed) cut interest rates by 25 basis points to a range of 4.25% to 4.50%, confirming forecasts. At the same time, central bankers now predict that the central bank will proceed with only two 25 basis point interest rate cuts in 2025. As the Monetary Policy Committee (FOMC) stated in its decision, …
Trust Economics: The “forecasts” for 2025 – Where should investors focus?
According to Trust Economics, there is a shift to a multipolar world, with prudent fiscal policies and higher interest rates than in the previous decade. The post-Global Financial Crisis environment of tight fiscal policy, zero interest rates and free global trade did not work to the benefit of the average citizen in the West, leading …
China is turning its economy into a war economy to achieve global domination
Drones have already become a primary weapon, capable of taking out soldiers and tanks, as well as helping to spot artillery fire and provide a standard method of battlefield reconnaissance. Electronic warfare — the use of EM signals to disrupt drones’ communication with their pilots and GPS satellites — provides some protection against drones for …