The Amateur Economist

A few tips that might save you currency

Part 2

Imagine having a home robot that does all the mundane chores that's smart enough to have an intelligent conversation with

The market adjustments were on the cards anyway without all this tariff crap

Thomas Massie was the only republican to vote against an increase in government spending. He is the only representative that is not a 'yes man' to Donald Trump

You will have to listen to see what I have to say....

Get back to the office and get off Zoom or work somewhere else is the message from JP Morgan's CEO....

Peter Dutton proposes to build outdated nuclear plants. Has someone not told him about Lifters, or Dual fluid reactors?

People of European decent protest against themselves.....

Where's your visa?

A few thoughts on the difference between supply shortages causing prices to rise, and the expansion of the currency supply

What King Charles the 3rd should do with all of the parlaments of the Commonwealth. Private Security Integrity Sound money Crime

Retail outlets in Australia have become the corporate arm of the state, charging special customers less than those that won't hand over their details.

If there's war between the sexes, there'll be no people left. Joe Jackson....

The story of the tief man.

Today I bought my groceries for the first time ever with a digital card, and for the first time ever, I spent nearly a gram of gold on the blockchain.

Speculators and gamblers want to know what the dollar price of their gamble is? Value investors truly don't care.

My thoughts on how the crypto free market separated the fools from their currency....

Normal people are talking about buying precious metals for wealth preservation

Helicopter Ben that did not see the sub prime mortgage market blow up coming, and then proceeded to create more currency in a couple of years than for the history of the Federal Reserve, causing today's inflation has been awarded the Nobel Prize for economics. The world is truly upside down.

This one tells you what will happen to their CBDC'S. Listen out for when they introduced the second currency. https://anchor.fm/theamateureconomist/episodes/French-Double-Currency-Collapse-e1gq73s Money has to have a store of value. Money is a commodity. Not a blip on a screen. The money the market chose as the best store of value is gold, silver and copper. We did not always have central banks and governments issuing the currency, we had paper that had a claim on money (see attached). The note is redeemable in money, it is not the money itself. Regardless of where I have put my money, I know a man who has all of his wealth in silver 1kg's, 1 ounce coins, and one ounces of gold, just bullion as close to spot price as possible. My super fund looks the same as my personal holdings, exactly the same companies. When I receive a settlement, I just allocate funds to companies I own shares in, and buy physical silver. I do not look to see what the dollar price of a share in a debt free, free cash flow, dividend paying company is on a particular day. I only care about how many shares I have in that company, because the dividend is paid per share, not on the amount of dollars the company is worth. Why, because the dollars are made up crap. The company's stock is a portion of the company you own. Buildings, production, vehicles, etc. For a Reverse The Reserve Bank of Australia T shirt, go to https://theamateuraustrian.com/collections/all

In Chris Leithner's book "The evil princes of Martin Place", chapter 3 explains the history of common law as it applies to loans and deposits, and draws the distinction between each. He enlightens us to the fact that today, the lines are blurred between deposits and loans, where they should not be. Mal practice is at play, if not outright fraud.

The environmentalists want to stop the local wind farm going ahead. They want to save the wild animals and trees. I want the government to stop stealing from me and plunging us ( the taxpayer) into unpayable debt to give the owners of the wind farm , Epuron $500,000 a year for each turbine. Or fourty seven million $ per year. Wouldn't it be nice if you could have the government steal from somebody else and subsidise your business?

The English central bank has thrown in the towell and started quantitative easing after previously stating they were committed to fighting inflation. Watch the inflation soar. How long before the rest of the world's central planners do the same.

Comments on the Reserve Bank of Australia's deputy governor Michelle Bullshit's article explaining how the Reserve Bank can trade insolvent and print money to fix the money printing problem.

The US Govt bond yield curve is seriously inverted. A bit of humour on the Japanese bond, and a bit of commentry on the state of play at present.

A woman with a sister dying of cancer holds up her own bank to withdraw her own currency.

Answers to questions like 'how do I buy a house with gold'?

There is much talk of the price of gold and silver dropping. That's an opportunity to acquire more ounces with worthless digital dollars.

Only the free market can deliver the best service at the lowest price.

More on the absolute energy mess created by politicians in Australia

With official inflation reported at 5.1%, banking corporations are offering negative 4.8%

Prosperity springs from freedom

The prime minister and the Reserve Bank governor tell us there is no recession in sight. They are right. It's a depression.

It started in China with Evergrande, and has spread across the world. The crash of our lifetime is under way.

Instant Karma. As soon as the price controls are put on, the supply drops.

The title says it all.

The men are standing back. The men are misogynist oppressors. The men are sitting back watching the world others created go to shit.

A quick explanation of private property rights. The sovereignty of the individual and his possessions.

In this episode I analyse the parallels between the work place and the free market before rambling on about production

Mike Maloney and Winston Churchill - The farther you look into the past , the more you can see into the future

If you can't withdraw your cash is it really yours?

In this episode I read out a recent email I sent to a prospective vendor describing the great loss in the Australian dollars' purchasing power since they bought their property in 2011, using the Toyota Land Cruiser to two bedroom unit ratio.

Today I go over Josh Chiat's article in Stockhead about the looming (if not already) container shortage and the implications to Australian exports.

The Reserve Bank of Australia has lost control. It appears they will abandon yield curve control and the market has priced it in.

What makes some workers essential and others not? My thoughts on the subject.

The average tax payer has Stockholm syndrome. They think their stolen wealth is providing roads and free hospital care. In reality they are involuntarily paying their captors to service the interest on state debt.

A follow up from the previous pod cast about Anarcho Capitalism. Crony Socialism is a system of legislation enabling big business to get bigger and small business to get smaller and fail.

A short explanation of Anarcho Capitalism.

In this episode I talk about the political situation in South America and its parallel in Australia

Today I cover a chart from the SRS Rocco Report showing the change in investment silver purchases compared to global silver mine supply

Frank Giustra was the mine builder in the great bitcoin debate with Michael Saylor. Slow transaction times. Not scalable. Not a currency. Not an asset. Great blockchain technology. Metals backed.

In this episode I outline my investing rules when analysing a security.

The word transitory has crept into the narrative of central bankers to give the illusion that inflation will rise and then fall. Wrong. It will rise and rise...

When governments dictate to business how much to pay employees, prices and unemployment rise.

In this episode I outline some of the advantages of holding precious metals as insurance against economic downturns.

In this episode I discuss what I think are reasons behind the big move from the city to the country for real estate purchasers.

Tonight I talk about the true meaning of inflation. Inflation is the expansion of the currency supply. Rising prices are the consequence of inflation, rather than inflation itself.

In this episode I explain what interest rates are and how they are set in both a sound money and in a manipulated market.

The new technologies advancing society today would be making everything cheaper if it weren't for the currency creation of the treasury and reserve bank.