Thomas Hardy’s pessimistic poem, The Darkling Thrush, was written in January 1900 about his feelings at the dawn of a new century. But it comes to my mind as we enter a new decade. Was Hardy right to be so miserable at the thought of what the future might bring? And should we feel the … Continue reading Ten wishes for the new decade
What a crazy election it has been. In my opinion, in some ways at least, the outcome is okay. For instance, we now have a government with a worthwhile majority that is able to get on with the job of running the country without having to do dubious deals with the DUP. I’m sorry, Theresa, … Continue reading What’s so funny ’bout peace, love and understanding?
I regard money as a beautiful concept that has been corrupted by governments and banks. I’d like to explain why. At its heart, all money is social, as it provides a way to transfer value between two parties to a transaction. Thus, if I pay you £3 in return for a cappuccino, I'm getting the … Continue reading Government, banks and money – and how they jointly control you
You’re warmly invited to the next Chesterfield Cryptocurrency Meet-up on 18 November 2019 at 7.30pm at the Monkey Park Community Centre at 128a Chester St, Chesterfield, S40 1DN. Too much cheap money is chasing too few assets. This should have the effect of driving up the price of assets, leading to runaway inflation. But there’s … Continue reading Come and find out why Bitcoin matters
The trick with money is to ‘look through’ it because, in the end, it really isn't that important. Or, at least, it wouldn't be, in a sensible, alternative universe. Because the fact is, all goods and services are, ultimately, paid for by other goods and services. All that money allows you to do, really, is … Continue reading The only source of value in a sea of cash
For a long time, Keynesian ideas dominated western economic thinking. Keynesian economics is fundamentally demand-led. It’s also, in my opinion, a meddler’s dream - which is, no doubt, one of the reasons why it's proven so very popular. Governments love a good meddle. The basic idea is that artificially stimulating demand, in a recession, is … Continue reading The dangers government pose to their economies
Rarely, in my life, have I encountered an issue quite as divisive as Brexit. Living, as I do, in the UK, it is extremely hard to ignore the subject, though, inevitably, one tries. And, rather like what I imagine is an increasingly large percentage of the population, I’m truly and heartily sick of it. However, … Continue reading So would you trust Boris Johnson with your money?