QUESTION: Regarding the G7, which committed us to more stimulus, I can totally see where this is going. You are the historian. Do you not think this is where we end up – capitatio-lugatio. Same exact pattern. Anonymous ANSWER: For those who are not familiar with capitatio-lugatio, this was the tax collection system developed by Diocletian […]

  I am sure that Joe Biden made another huge gaff. He actually just said that nobody making less than $400,000 will pay a penny in tax. I’m sure he meant they will not pay “more” but I would love to see him put that in an executive order. Everyone who even gets $500,000 in […]

ASIA: Chinese and US senior trade officials held a virtual meeting to ramp up trade talks. Chinese Vice Premier Liu He held a virtual meeting with US Treasury Secretary Janet Yellen on Wednesday – his second discussion with top economic and trade officials under the Biden administration in less than a week, with both parties […]

    I find it interesting how nobody seems to distinguish between a digital currency and blockchain cryptocurrency. The former is not traceable other than that transaction. To eliminate cybercriminals, the World Economic Forum is pushing ending paper money and moving to cryptocurrencies – not digital. With blockchain, the government would be able to trace […]

COMMENT: Marty, If people trusted the government, then the vaccine campaign would have been successful. The fact they are using money to induce personal choice is telling. The fact they have surplus dosis to send overseas is clear proof. The fact the change in the mask guidelines is still being resisted by Biden and his […]

ASIA: Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny. Cryptocurrency exchange Huobi on Monday suspended both crypto-mining and some trading services to new clients from mainland China, adding it will […]

New York City is dying thanks to COVID. It has really killed Broadway. When I would often go to a play, the vast majority were tourists from overseas. I would often listen to the different languages being spoken around me. New York City is clearly dying as a mass exodus has taken place of not […]

ASIA: Indian refiners and at least one European refiner is re-evaluating their crude purchases to make room for Iranian oil in the second half of this year, anticipating that U.S. sanctions will be lifted, company officials and trading sources said. At least one European refiner has held in-depth discussions with Iran’s state oil firm NIOC […]

The Great COVID Migration Interestingly, at least 33,565 New Yorkers exchanged their NY driver’s licenses for Florida credentials between September 2020 and March 2021. In total, during this COVID nonsense, 104,960 New Yorkers made the switch to Florida. New Jersey came in second with 53,901, and the migration has also been from Georgia (48,143), Illinois […]

ASIA: China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrencies, such as registration, trading, clearing and settlement, three industry bodies said in a […]