“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford in 1922 Good morning and welcome back to Bygone Relics, I’m C Thomas Printer and the reason we talked about Fordism last …
US economy
LB#1 The Governor of New Mexico wants to take away guns. The people disagreed. New Mexico governor takes away guns New Mexico is going to have trouble taking the guns LB#2 Joe Biden announced at the G20 that he is helping build a road from India to Europe. No plans on how this road would …
We are discussing the hot news about the bank run of Silicon Valley Bank and also touching upon Silvergate and Credit Suisse. “I do not think you can trust bankers to control themselves. They are like heroin addicts.” Charlie Munger, vice chairman of Berkshire Hathaway First, what we had written originally for our March 5 …
We are reviewing the $1.7 trillion US government spending bill which is 4000 pages – designed carefully not to be read- ! It was passed in December 2022. We wanted to make sure you don’t quickly forget about it – because it is a gigantic foolish spending with YOUR taxpayer dollars. $153.8 billion on food …
This week we look into the Turkish Earthquake, fraud in India, and the popular Chinese balloon and is that balloon a response to US military exercise with North Korea or the expansion of the US military presence in the Philippines. As usual, we took a quick peek at the US economy and discussed last Friday’s …
Just as the earth needs rain, we need contraction periods in economy. We explain why. Good morning! I’m Austerity Jones, and I am here with C Thomas Printer and he is going to channel his inner Lance Armstrong today. C Thomas: Good morning Austerity. I’m going to do what? Lance Armstrong? Austerity: You said you …
Should we buy bonds now? C Thomas answers. Good morning, I’m Austerity Jones. Get a cup of coffee or take a nap because C Thomas is about to bore the shit out of you… C Thomas: Good morning Austerity. I’d like to ask you a question, if you had to choose one of the following, …
• What’s happening in the UK? • Can there be an alternative to US Dollar as the reserve currency? Good morning, I’m Austerity Jones and I am back with C Thomas Printer who again wants to talk about what is going on across the pond. What is this obsession with the UK C Thomas? C …
C Thomas believes that it was the Corporate America who benefited from the low interest rate environment. The losers in that case were mom and pop businesses, our neighbours, small towns, and cities. Therefore, our word of the week is urban blight. Good morning, I’m Austerity Jones and I am back with C Thomas who …
C Thomas Printer evaluates the Inflation Reduction Act while also mentioning Zantac’s history. Good morning, I’m Austerity Jones. I’m back with C Thomas Printer and we are going to discuss the Inflation Reduction Act. Which was approved by both houses of Congress and is headed to Joe Biden’s for signature. The bill is over 700 …