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Investment Update 8-20-22

The following is a recent note to my clients: The lifestyle changes I recently outlined continue in motion, not just in America, but globally. The battle between inflation/deflation will modulate, although inflation and stagflation will be constant problems causing political issues thru…

GOLD VS BITCOIN

If you were in China today and the government just froze your savings account at the bank, would you rather have some gold coins or some bitcoin.

DEMOCRACY IN ACTION

Democracy only occurs in real time, not a few years later. Information that is intentionally withheld impairs democracy. Public information that is not disclosed to the people is a deliberate manipulation to thwart democracy.

MIDDLE CLASS

The Pew Research Center recently released a demographic study with very significant implications for our country. The report finds that over the last fifty years, the share of people living in the middle class decreased from 61% to 50%. Using their formula,…

AMERICAN SOCIALISM

There are many who fear the country is headed towards socialism. There are some patterns emerging. Interestingly, though, the move towards socialism is not so much being pushed by socialists. Rather, the American form is really a trend away from free market…

VERSAILLES, AN INFLATION STORY

You really do not invest in a single asset. You invest in a financial ecosystem. Within that ecosystem, the value and the risk and the reward of all perceived assets are constantly changing, often in ways that are not always recognized until…

BRAND (BRAVE?) NEW WORLD

We are entering a transformative world. It will create significant change as we see an increase in inflation for the first time in 40 years. The last great cycle began in 1971 when President Nixon “temporarily” closed the gold exchange window. That…

GUNS & VIOLENCE

This is an incredibly complex issue. First, you have to examine it from the broad historical context. Governments love guns and don’t mind the violence if it keeps them in power. Guns also serve as very effective tools for economic development. Unfortunately,…

LOVE

Law of Conservation of Mass In a set system, mass can neither be created nor destroyed. Law of Conservation of Energy In a set system, energy can neither be created nor destroyed. Economics is the allocation of scarce resources. LOVE is the…

YOU GOT THE WRONG BOARD

A lot of people are worried about school mandates for vaccines and masks. It is a legitimate problem and there have been many protests. However, you need to take a broader perspective. Forget the School Board. Ultimately, they are are a minor…