The Great Digital Dollar Switcheroo

U.S. government finances are failing. But instead of allowing things to continue to their inevitable demise, the central planners are looking to pull off another switcheroo. Like the issuance of Greenbacks during the Civil War or FDR’s gold confiscation in 1933, the U.S. government is scheming to radically change the form and feel of money once again. The goal is to mask an outright default. Yet make no mistake, the little guy – that’s you – will get screwed.

The GENIUS Act and the New Digital Dollar

America is 54 years into its experiment with pure fiat money, which followed the termination of the Bretton Woods Agreement in 1971. We are now witnessing the start of another financial re-engineering of money. The move to a digitally native, stablecoin-anchored dollar system.

This is happening whether you like it or not. In fact, the overarching legislation has already been put in place. Continue reading

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Spoon-Fed Labor

Benjamin Franklin, in a 1789 letter to Jean-Baptiste Le Roy, remarked that “in this world nothing can be said to be certain, except death and taxes.”

There is, however, a third certainty that is often cited. That is, change.

Change, of course, can be for the better. But it can also be for the worse.

With the prospect of change, there also comes fear. Humans, particularly those lacking in spiritual guidance, can have an intense fear of the unknown.

The swift conquest of Artificial Intelligence is currently threatening a scope and scale of change unlike anything in living memory – if ever. The complete overhaul of modern employment, and the mass loss of livelihoods, is inciting mass fear across the general population.

But what if it’s all for the best?

Today we turn to Joel Bowman, and his Notes From the End of the World, for unique perspective and insights you won’t hear anywhere else. After giving it a read, please head over to his website and subscribe to his newsletter so you can stay abreast of all his latest deliberations. Continue reading

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Is the End of QT a Green Light for an Asset Rally?

On Monday, December 1, the Federal Reserve terminated Quantitative Tightening (QT). The job wasn’t even halfway done.

From our experience, half measures avail nothing. In this instance, they guarantee consumer prices will never, ever, return to pre-covid levels.

Stocks, gold, and, until recently, bitcoin, are all at or near record highs. What does the end of QT mean for these assets? To answer this question, let’s first take a gander back to the great money flood of 2020-22.

If you recall, the central planners, under the pretense of the faux pandemic, locked down the economy. They said if we all hunkered down for two weeks, we could bend the curve and stop the spread.

This turned out to be a crock of hogwash. What’s more, the dreaded coronavirus was no worse than the common flu.

But the control freaks got such a thrill out of trampling people’s basic rights and freedoms, they extended the lockdown and forced people to wear masks and get repeated clot shots. Much of the populace was eager to oblige. Continue reading

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Where Will All the Cubicle Dwellers Go?

The September 2025 unemployment data from the Bureau of Labor Statics (BLS) was published last week. Its release was delayed by the government shutdown.

If you didn’t see it, the headline numbers appeared somewhat favorable. Nonfarm payrolls increased by 119,000. However, the unemployment rate still rose to 4.4 percent.

But if you squinted at the fine print. You found a number that was counter to the promise of a college education, and the expectation that it’s a golden ticket to gainful employment and a middle-class life. Specifically, a record 25 percent of all unemployed Americans now hold a four-year college degree.

On the flipside, this means 75 percent of the unemployed are without a college degree. Still, if you’ve invested four years and tens of thousands of dollars acquiring a college level education, you’d want the statistic to show that 100 percent of the unemployed are without a college degree.

In short, one in four people currently looking for work have done what they thought was the right thing. They spent four years, and likely a mountain of debt, pursuing an education. They thought this would be their golden ticket. It’s what worked for prior generations. Yet this is no longer proving to be true. Continue reading

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