The Velocity of Money As I noted in 2009 at a lecture I gave in New York, the velocity of money* – an important economic indicator – was lower than during the Great Depression. Since that time things have gotten even worse. *The velocity of money is the rate at which a dollar moves from one person to the next
Read more
Greater Than the People Themselves – John C. Calhoun, Vice President (1825-1832) and U.S. Senator, May 27, 1836 “A power has risen up in the government greater than the people themselves, consisting of many and various powerful interests, combined in one mass, and held together by the cohesive power of the vast surplus in banks.” – John C. Calhoun, Vice
Read moreAs of today all the financial derivatives based off the Russian Ruble are in chaos and reeling from the MASSIVE Black Swan move in rates. Many FX exchanges have already shutdown US Dollar/Ruble trading. This WILL BECOME a HUGE problem for anyone with derivative positions in the Russian Ruble. The ramifications of this will not be be seen until mid-January
Read moreBased on the mundane astrological portents (using Blackbox forecasting technology) to Japan’s national horoscope of forecast that the continuation of ‘Abenomics’ (the economic program of Prime Minister Abe), a program of money printing and debt-funded spending to lift Japan from two decades of deflation and stagnation, will not only fail, but will bring disaster for the island nation, resulting ultimately
Read more
WILLIAM STICKEVERS 