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Philosophy and (Un)Common Sense
Share this articleInterview with Jakub Bożydar Wiśniewski In today’s world, dominated as it is by the ephemeral, the superficial and the inconsequential, it can be hard for a rational, dispassionate observer to make sense of what is going on – politically, socially, economically and philosophically. It is that last aspect…
Bloomberg TV Bulgaria: Franctional Reserve Banking Is A Fraud
Share this articleThe Swiss “Vollgeld” Initiative Revisited Bloomberg has numerous offices around the world, many of which appear to have quite an independent streak, at least that is our impression. Readers who occasionally watch clips from Bloomberg’s Asia Edition are probably aware of this. One can often see in-depth interviews…
Central Banks’ record gold stockpiling
Share this articleAccording to recently released data by the World Gold Council (WGC), as of September 2021, the total amount of gold held in reserves by central banks globally exceeded 36,000 tons for the first time since 1990. This 31-year record was the result of the world’s central banks adding…
The “great Ponzi scheme” coming to an end?
Share this articleIn a recent conference, the EU’s Commissioner for Cohesion and Reforms, Elisa Ferreira, gave a dire warning: “We have a shrinking workforce all across Europe, all countries are losing their workforce.” Indeed, in just 10 years, the EU lost 5 million people in the working-age population, as the most…
The real failure of “trickle down economics”
Share this articlePart I of II For decades already, one of the most popular and commonly employed attacks of Keynesians and other left-leaning economists was the one against the idea of “trickle down economics”. They ridiculed the notion that a rising tide lifts all boats or plainly put, the obvious fact…
Unheeded warnings: Václav Klaus at the Marmara Forum
Share this articleThis not the first time that Václav Klaus’ astute observations and experience-based predictions turn out to be shockingly accurate years later, and I’m pretty confident it will not be the last. Even before the examples that follow and that he clearly laid out in his address at the…