≡ Menu

Feeding the Deflationary Spiral

Booms and Busts. Both are inevitable in our current fiat-money/debt-based financial system. There’s just no getting around it. It’s a system designed to pad the wallets of the banking community to the detriment of everyone else.

“Whoever controls the volume of money in any country is absolute master of all industry and commerce. And when you realize that the entire system is very easily controlled, one way or another by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”
President James Garfield, 1881.

[click to continue…]

Winter is Coming

Winter is Coming!

moneybomb-webWithin days now (end September, 2015), the market is likely going into another “free fall.” The problem around the world is debt. Even though your government is telling you everything is fine, it’s not.

Countries around the world have the largest debt levels in history. They’ve been able to do this because of the adoption of fiat currency in the 1970s (they disconnected currency from the gold standard). It used to be that you could exchange your dollar bills for gold. Now, currency isn’t backed by anything other than the government’s promise to pay. And governments around the world are bankrupt. That’s a BIG problem. [click to continue…]

The 18 Year Real Estate Cycle

The Eighteen Year Real Estate Cycle

dream-homewebPeople fall in love with having a “dream home,” and cost is usually secondary. They get into debt up to the eyeballs.

Really bad idea, particularly right now. That’s because we’re at the very top of the market. In fact, it’s a bubble … certainly in Canada (and Australia is close behind). The US had their housing bubble a few years ago … but the full extent of the downturn is still to be seen. [click to continue…]

All About Deflation

All About Deflation

DEBT: The word that will become the most reviled word in the English language. It is the source of all our problems. As more and more money goes to servicing the debt, less is left for the free services we all enjoy. In fact, governments have borrowed heavily to give their constituents everything they ask for so that, in turn, they vote their governments back into office.

[click to continue…]