The Amateur Economist

The young Argentineans have realized this guy is right. If he wins the presidency and does a smidgen of what he preaches, Argentina will be an economic power house.

The Queensland government is introducing a higher level of price controls which will lead to more shortages, making the government driven crises worse. Trevor Rawnsley from the Australian Resident Managers Association suggests a bureaucrat decides what private citizens can do with their property regarding short term accommodation, if he gets his hair brained idea into legislation, the crises will be even worse.

The Reserve Bank and the Fed can guarantee your deposits as far as the eye can see, but as Alan Greenspan once said, they cannot guarantee the purchasing power of the dollar. Get ready for high, if not hyper inflation.

Have a look at the share prices of these investment banks. The 2023 financial crises continues while every day Australians cruise along without a care in the world.

The Enron moment is upon us. Silicon Valley Fractional Reserve Bank is the start of the 2023 financial crises.

The proposed privatization of the Mareeba Airport is not a proposed privatization. Its quasi communism...

My take on the former Hells Angles biker buying $27,000 worth of gold from the Perth Mint.. https://www.abc.net.au/news/2023-03-06/perth-mint-sells-gold-former-hells-angels-bikie-without-checks/102048620

More debt ridden owners Can't Afford Their Car Payments Than During The Peak Of Financial Crisis

The Bank of international settlements have issued a report disclosing the current derivatives market is missing eighty trillion dollars?

What a good drop in the over priced ASX today!

Check out the share price of Credit Suisse

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

The story of the tief man.

We are back in 2009 again. Buyers across the board are finding it hard.

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

The ASX has been dropping in fits and bursts over the past year. Down another 1.7% today. For cool Amateur Economist T shirts, hats and long sleeve T's, 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 forty seven million $ per year. Wouldn't it be nice if you could have the government steal from somebody else and subsidize your business?

The English central bank has thrown in the towel 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

The US Govt bond yield curve is seriously inverted. A bit of humor on the Japanese bond, and a bit of commentary on the state of play at present. Blog - https://freedomonline.blog/ Reverse the Reserve T shirt - https://theamateuraustrian.com/collections/all

Once the system collapses, i might want to go hunting...

The ASX is officially in a bear market today being down just over 20% year to date. Here is a link to a recent article showing where I have put my capital in readiness for this moment. https://freedomonline.blog/2022/06/04/where-to-allocate-capital/ To buy a 'Reverse The Reserve Bank Of Australia' short or long sleeve T shirt or hat, go to https://theamateuraustrian.com/collections/all https://freedomonline.blog/

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

Australia Post has posted a profit of $200 million for the final six months of last year, a period that saw the largest parcel volumes in history. But CEO Paul Graham has warned that the current half-year will see the business deliver a loss, to drag full-year profits to a “modest” level. Australia Post also secured new enterprise agreements during the period, for approximately 30,000 award level employees, with agreements delivering a guaranteed 9% pay increase over the next three years for Australia Post staff, while also maintaining key existing terms and conditions of employment. https://freedomonline.blog/