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The war machine propaganda is now in high gear to mobilize what public opinion remains to be swayed into supporting a war against Iran. The WMD threat against Iraq was demonstrably false to begin with, and Scott Ritter pretty much … Continue reading
Hanna Morgensen brought CIA Director Bill Connolly with her on her morning visit to [President Jackson] Torres. “I thought I would have Bill brief you in person on some unfortunate developments.” “Sir, we targeted a list of engineers working on the … Continue reading
“The Land of the Free” is a work of fiction that explores one possible answer to the question: “What might those who’ve lost value lending money to governments do to recover what they see as their rightful property?” The Description is … Continue reading
Here follows the entirety of Chapter 4 of “Land of the Free” by Krakondack (to be e-published imminently), before edits for easy readability. The Chapter consists of an exchange between President Torres and the Chinese envoy Mr. Zheng. This is … Continue reading
Having given the historical context, let’s now to put these factors together to examine today’s dynamic. The Fed’s balance sheet in 2007 was in the neighborhood of 800 billion dollars, of which perhaps 500 billion was held in foreign banks, … Continue reading
The scenario described in part I was not altogether attractive to the banks, who although they could loan out receipts for gold coins they did not have, thus creating money and charging interest on that money, they still faced the downside when … Continue reading
Everywhere you look, you see arguments about whether the bigger risk is inflation or deflation. Amrose Evans-Pritchard never goes more than a story or two without warning of the perils of a deflationary spiral. We hear constant stories about deflation … Continue reading