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Economy

A Major Cause of Asset Bubbles

A Major Cause of Asset Bubbles

Peter J Morgan Peter J Morgan  BE (Mech.), Dip. Teaching – professional forensic engineer, retired economics, mathematics and physics teacher PART 5 of 18 If banks respond to an increase in the OCR by increasing the interest rates that they pay and charge, the mainstream media (MSM) often report that the

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Banks Are Money Creators, Not Money Lenders

Peter J Morgan Peter J Morgan  BE (Mech.), Dip. Teaching – professional forensic engineer, retired economics, mathematics and physics teacher PART 3 of 18 Economic booms and bubbles are caused by the fact that the money supply expands when banks create new loans faster than old loans are being repaid. The

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Our Unstable, ‘Funny Money’ System

Peter J Morgan Peter J Morgan  BE (Mech.), Dip. Teaching – professional forensic engineer, retired economics, mathematics and physics teacher PART 2 of 18 In PART 1 readers learnt that there is a widespread – but false – belief that banks are financial intermediaries that take in money from savers, aggregate it, and

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This Is the Issue That Costs Elections

This Is the Issue That Costs Elections

Yesterday morning the National Party announced that they were proposing to re-write the education syllabus if they win the election. I’ve provided you with a link because it is now hard to find, such is the interest in the policy. Bold or stupid? I pick stupid because education

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How to Tweak Our Banking System

How to Tweak Our Banking System

Peter J. Morgan Peter J. Morgan  BE (Mech.), Dip. Teaching – professional forensic engineer, retired economics, mathematics and physics teacher PART 1 of 18 This is my attempt at a simplified, brief explanation of how the present debt-based money and banking system actually works, with some relevant history, and a

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Economic Freedom Has Grown the Most in This Country

Dr Rainer Zitelmann fee.org Dr. Rainer Zitelmann is a historian and sociologist. He is also a world-renowned author, successful businessman, and real estate investor. Zitelmann has written more than 20 books. His books are successful all around the world, especially in China, India, and South Korea. His most

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Why Do They Want CBDCs?

Why Do They Want CBDCs?

Daniel Lacalle mises.org Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020), Escape from the Central Bank Trap (2017), The Energy World Is Flat? (2015) and Life in the Financial Markets (2014). There are many excuses often used to explain

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Silicon Valley Bank: Go Woke Go Broke

Silicon Valley Bank: Go Woke Go Broke

Kurt Mahlburg mercatornet.com Kurt Mahlburg is a writer and author, and an emerging Australian voice on culture and the Christian faith. He has a passion for both the philosophical and the personal, drawing on his background as a graduate architect, a primary school teacher, a missionary, and a young

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Labor Digs More Money Pits

Labor Digs More Money Pits

As Thomas Sowell has said, “Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it”. Well, not only intellectuals — Labor politicians are just as willfully ignorant. But then, as Anthony Albanese so amply demonstrates, socialist Labor politicians can’t even learn

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What Would You Do With $16,000?

The question is hypothetical and refers to money this Government spent on healthcare over the last three years: $61.6 billion on Covid management and $6 billion on healthcare reform over two years. With a population of around 4.1 million, that’s just over $16,000 for every man,

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Where’s the Incentive to Work?

Working means income, but working also means productivity, two very separate outcomes that New Zealand government policy managed to annihilate during the Covid years. Working from home became necessary and popular around the world, although the working aspect can be a misnomer. What’s not to like? Bloomberg reported that

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When Your Banking System Fails

When Your Banking System Fails

Michael My name is Michael and my brand new book entitled End Times is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including 7 Year Apocalypse, Lost Prophecies Of The Future Of America, The Beginning

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Can We Avoid WW3?

Can We Avoid WW3?

Egon von Greyerz goldswitzerland.com Egon von Greyerz is the founder and managing partner of Matterhorn Asset Management AG. Safely Managing the Knife’s Edge via Physical Precious Metal Ownership In this extended discussion with Brian and Darryl Panes of Good as Gold Australia, Matterhorn Asset Management (MAM) founder, Egon

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Virtue-Signalling Hypocrites

Virtue-Signalling Hypocrites

You may have noticed a trend where companies advertise their woke-credentials by virtue-signalling how diverse their workforce is. This is, of course, nothing new and back in the day it meant ‘We hire both white and black people.’ Then it became about helping women get into the force,

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Green Energy – the Greatest Transfer of Wealth

Green Energy – the Greatest Transfer of Wealth

Steve Goreham cfact.org Steve Goreham is a speaker, author and independent columnist on energy, sustainability, climate change and public policy. More than 100,000 copies of his books are now in print, including his latest, Outside the Green Box: Rethinking Sustainable Development. We are in the midst of history’

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