purchasing power Archives - Emile Woolf writes

DEBUNKING ECONOMIC MYTHOLOGY – PART 2  

GOING POSTAL – 15 OCTOBER 2018 DEBUNKING ECONOMIC MYTHOLOGY – PART 2   <EP4> THE INFLATION CONUNDRUM Typically, the general public confuses any economic phenomenon with its manifestation. Both are thought of as the same thing. For example, the phenomenon “inflation” is assumed to mean the same thing as its manifestation, which is rising prices. The […]

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Currency debasement and public waste: partners in crime

There is nothing intrinsic to gold that explains its seemingly unstoppable rise in price. It is certainly beautiful, even transporting in strong light, and primitive races worshipped it as an earthly reflection of the higher worlds. But as an investment it is strictly in the non-performing class, until you sell it. Monetary assets always seek […]

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