Britain has amazed itself as its taxes have raised nearly 50% more cash than it had expected. These tax increases on property transactions that were imposed in London over the past year has revealed the boom in London luxury residential prices. The same is taking place in New York City. What is going on is […]

We have researched absolutely everything that ever moves. We have correlated EVERYTHING and probably spent way too much money on this sort of thing than would make economic sense. But it has been a passion – a quest to figure out how things really move. Economics has assumed the world is still flat. Research approaches […]

The Roosevelt Administration’s Proposal For Voluntary Annuities   The Administration’s Proposals-   When President Roosevelt submitted his legislative package to Congress on January 17, 1935, the Administration’s proposals contained three provisions designed to provide retirement security for older Americans:   1. A System of Old Age Pensions- These were state-run welfare programs for the elderly. […]

Those who are new readers are probably unfamiliar with what I have called the Golden Rule of Reactions.  When it comes to TIMING, it is vital to understand the basic tenets of cyclical analysis. That fundamental principle is where do we draw the line between a change in trend and a mere reaction. That line […]

One reader asked: “I once, several years ago, read that the US had already printed “redbacks”, a US dollar to be used internationally; that is, the greenback would be used in the US for domestic trade and the “redback” would be used for international trade and it would have a higher value. Do you have […]

Throughout history there has been countless two-tier monetary systems where at times there have been a local currency issued by the immediate government, yet the people rely upon the currency of another government. Such periods are interesting for they are not official but emerge by the people rather than through a decree of a government. […]

The French Socialist MP Yann Galut, the deputy chairman of the new Commission on Tax Exile, told the press he intended to target French who have left the country and go after their assets regardless where they live. In a book I hope to have finished this year, I have covered the collapse of every […]

Resistance is Futile – 911 has indeed been the excuse to strip everyone of all rights whatsoever. Not merely is everyone being fingerprinted if you come to the United States, but now the latest advance will be a lie-detector. But it will NOT be limited to terrorists. Meet the border-official-avatar, who will ask you questions such […]

I have been warning that the objective of modern government everywhere is to eliminate cash to ensure 100% tax collection. There is absolutely NO INTENT to return to a gold standard and give up the ability to borrow whatever they desire forever (as they see it). It is now coming out that France intends to […]

The numbers for Japan in December would imply on the surface that capital inflows took place rather than outflows yet the yen declined. There are serious problems with the way  governments track capital/trade flows. They do not actually monitor anything but cash movement. This is a throw back to the fixed exchange era when if […]