The madness of ‘zero sum game’ world

Ongoing government and central bank interventions has transitioned the economy and financial markets into zero sum games. It means that profits are private but losses and risks are transferred to the public. Profits are made at a high cost, by putting society in a position of  disadvantage. These are no longer markets based on exchange … Continue reading The madness of ‘zero sum game’ world

The ultimate Socialist Paradise of Free money

If there was still any doubt that western socialist governments are not in a bubble yet, well I can say that there’s no reason left over to keep that doubt alive. They are into a big bubble!  In socialist paradise they usually sell you that education, health care, and other welfare programs  are free. Even … Continue reading The ultimate Socialist Paradise of Free money

The Dollar deflation myth unraveled; a big picture view

For years I’ve been listening to deflationists, a narrative that is especially popular under dollar bulls. The deflation narrative makes little to no sense to me. In this blog I’ll explain why deflationist Dollar bulls could be wrong. Deflationists do think that there will be a 1929 - 1933 type of deflationary crisis again some … Continue reading The Dollar deflation myth unraveled; a big picture view

Why it’s hard to escape the vicious circle of failing organizational and monetary reforms.

Last week I came across this comment on the December 2019 Federal Reserve meeting: “The bar for lower interest rates and monetary inflation via repo and assets purchases is exceedingly low while bar for future rate increases and monetary restraint very high”. This is an interesting statement.  First, it shows that expansion is easy. It’s … Continue reading Why it’s hard to escape the vicious circle of failing organizational and monetary reforms.