UPDATE 1.25.24: For decades now, I have lived in Key West, continental America’s southernmost point, and only 60 miles from Cuba. The area is home to many Cuban refugees whom I respect and admire for their tenacity and clear-headedness when it comes to the real-world hell of living under a communist regime. Now those who […]
Is This “the Greatest Crime Ever Contemplated?”
On his Substack, Dr. Joseph Mercola discusses the ideas of David Webb, who believes the world is about to undergo what he calls “the greatest crime ever contemplated.” Mercola writes: You’ve heard of The Great Reset? Now delve into The Great Taking, described by former hedge fund manager David Webb as a system put in […]
DIGITAL ID: You Are More than a Soulless Digital Identity
Originally posted November 7, 2022. Why are governments so eager to digitize your currency and your identification? Why would they want to match them with tracking software and your COVID-19 vaccination status? Why are they so eager to abandon thousands of years of tradition using physical cash/currency? Why would they want to reduce your identity […]
Sam Bankman-Fried Epitomizes Creepy, Toxic Culture
From Sam Bankman-Fried: Ya. Hehe. I had to be. It’s what reputations are made of, to some extent. I feel bad for those guys who get f—ed by it, by this dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us. Sam Bankman-Fried’s FTX Bitcoin empire is […]
CRYPTO CHARLATANS: Investors Lulled to Sleep by Celebrities, Influencers
Investors in cryptocurrency on the FTX exchange weren’t just taken in by the celebrities they saw pitching it to them during the Super Bowl. There were self-styled “financial influencers” who also pushed crypto onto unsuspecting investors eager to beat the zero-interest rate environment. Despite Tom Brady’s endorsement of FTX, investing is supposed to be boring, […]
Manias, Bubbles and Celebrity Shenanigans
Have the tides turned on Tom Brady? What else could go wrong for the NE Patriots’ former quarterback? He is getting divorced from Brazilian fashion model Gisele Bundchen, one of the highest paid models in the world. Brady’s legendary football career seems to have stalled (at age 45), to be kind. On top of that, […]
Banks Coordinating Major Digital Dollar Test with NY Fed
Global banks are working with the NY Federal Reserve on a test of digital dollars. The banks are using digital dollar tokens to “speed up payments.” Reuters reports: Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. Citigroup Inc , HSBC […]
BEWARE: Digital Currency Code Word “Programmability” Is the Gateway to Total Control
I have been warning you of the dangers of the digital dollar, and here IMF Deputy Managing Director Bo Li explains how digital currency can be used to control the lives of anyone subjected to it. He calls it “programmability,” but really, it’s just government rationing by not allowing people to spend their money on […]
Is It Time to Put Crypto Out of Its Misery?
In Foreign Policy, David Gerard encourages regulators to clamp down on crypto before another bubble/bust cycle takes place, ruining the savings of many more speculators in the process. He concludes: Ordinary mom-and-pop investors were badly burned by the May crash. The influx of retail dollars was almost entirely cut off. Crypto exchanges such as Coinbase, […]
The Future of Digital Currencies and the Monetary System
Agustín Carstens, General Manager, of the Bank for International Settlements, (known as the central bank for central banks), has written a paper examining the future of digital currencies and the monetary system. He writes: A technological revolution is changing our economy and even money itself. In addition to improvements to existing payment systems, new digital […]