The Rise and Fall of the New Roman Empire

From 1492-1914 the New Eastern Romans and New Western Romans discovered, conquered, and colonized the majority of the world; spreading their common Greco-Roman culture. In 2019, the USA has been bankrupted by foreign wars, debt, and Socialism. The USA, like the Western Romans, have transformed from a Republic to an Empire.

IORR, IOER, and FFR

This article seeks to explain how interest rates are set by the Fed. The subject is meant to sound complicated but it is not once one understands that the Fed is trying to keep interest rates low to inflate the stock, housing, and bond bubbles.

The Attack on the Petro-Dollar

The attack on Saudi oil production was an attack on the petro-dollar. If the FOMC raises interest rates on September 18, the everything bubble could pop. If they keep interest rates the same or lower interest rates, the gold price could go higher, weakening demand for the dollar.

Basel III Banking Regulations

Excerpts from the Basel Committee on Banking Supervision’s regulations: Basel III: Finalising post-crisis reforms. Notably, gold is considered to be on par with cash. That probably has something to do with why central banks have been net buyers of gold since 2008 for the first time since 1987

The Inverted Yield Curve

The longer a loan needs to be, the higher the interest rate will be to reflect the additional period of time that the creditor cannot spend their money. An inverted yield curve is where shorter term loans are yielding higher interest rates than longer term loans. This does not happen in a free market and reflects a distortion in the market.

Marxism

Communism is a stateless society where everyone produces according to ability and consumes according to need. Socialism aims to create the stateless communist society by increasing the power of the state. This is the heart of why Marxism has always failed.