Written Apr 16, 2022 — Written Apr 16, 2022 A neighbor asked: “What ARE cryptocurrencies, really?” at a recent cul-de-sac gathering. My comprehensive answer (obviously limited by my knowledge) starts with what I wrote in 2021 on FinTech, and ends with what follows. To me, a cryptocurrency is at once: A store of value: People…

Written Mar 31, 2022 — Written Mar 31, 2022 March saw “Covid all the time” turn “Ukraine all the time” overnight in mainstream media. Those talking-heads sure can switch scripts without missing a beat on sensationalism. Of course, the human toll in Ukraine cannot be overstated. But the global impact of this war goes far…

Written 2/25/2022 — Written 2/25/2022 A doctor friend is skeptical of the thesis I laid out in my previous piece 2022 — Here now, what next?. So this and subsequent monthly updates will chronicle how the equity market unfolds in 2022. We’ll see how closely it tracks my thesis. January 2022 would have…

Consider this a sequel to my previous piece The Future of Democracy. — Consider this a sequel to my previous piece The Future of Democracy. I am not a George Soros fan, but I think in a recent speech ahead of the Beijing Olympics, he perfectly summed up the difference between “open” and “closed” societies: “In an open society, the role of the…

“As goes January, so goes the year.” —The Stock Trader’s Almanac, 1972 — “As goes January, so goes the year.” —The Stock Trader’s Almanac, 1972 Written Jan 31, 2022 On this last day of January 2022, the equity market convincingly added to its spectacular reversal up in the previous trading session. Depending on which major index you look at, the equity market recouped…

Written Dec 18, 2021 — Written Dec 18, 2021 The financial markets are broken, most people at least suspect that by now. The seeds of their demise were sown long ago when Nixon opened the door to unlimited money printing in 1971 when he replaced gold-backed dollar with oil-”backed” dollar (the Petrodollar system). Since every…

Ancient Athens was the birthplace of democracy. To this day, people from all over the world flock to the Parthenon ruins in remembrance of… — Ancient Athens was the birthplace of democracy. To this day, people from all over the world flock to the Parthenon ruins in remembrance of the greatness of this “cradle of Western civilization”. …

A roadmap for the layman — In managing personal finance, it is important to recognize that disruptive or excessive inflation or deflation is the “high or low tide” that destroys all boats. To successfully sail in such times, correctly reading the tide (macro-economic climate) is much more important than being intimately familiar with the boat (a…

…for citizens to regain control of their Nation — There are four types of people, those who: see things before they happen recognize things as they happen realize what happened have no clue what happened I posit it is of existential importance that Millennials fully grasp what happened in the past three decades in order to preserve the American…