|Last Updated: Mar 25th, 2013 - 16:46:15
Thought for the Day
There are two mistakes one can make along the road to truth . . . not going all the way, and not starting.
May 2, 2008, 12:33
What If Public Schools Were Abolished?
All around the world people are thinking about freedom. The freedom to arrange their lives to suit themselves. Is it time for freedom in education?
Did you know that in this area of America the cost of public education is twice the cost of private education? Worth reading for this fact alone. I wonder what the ratio is in New Zealand?
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Apr 30, 2008, 13:51
Closing the Gaps with Australia Not Likely with Present Policies
The only feasible method of stopping the drift to Australia is to make it better for people to live here than there. With the current trend of 30,000 people going to Oz every year it would take only six years to completely send over the whole population of Wellington. Some of you may think this is a very good idea!
But this just gives us an idea of the scale of the problem facing our politicians - a problem that they caused. As Roger points out in this article we were doing better than the big Oz in the 1990s but have since fallen off the pace.
We should expect our politicians to provide some answers.
Apr 29, 2008, 13:11
How Much Gold Do Vietnamese Keep Under Their Pillows?
The Vietnamese have certainly had "interesting" times over the last 50 years. Now they have a booming economy and many ex-pats are remitting home US dollars for the family. Some of these are buying gold and storing gold instead of Yankee Dollars.
Perhaps they know something we don't.
Apr 26, 2008, 12:48
There Are No Markets Anymore, Just Interventions
Is the US government really working to suppress the price of gold?
Apr 21, 2008, 14:23
Why High Gold Prices Don't Lead To Supply.
The demand, supply and mining of gold. Why has the price of gold gone up so much? Why aren't the miners producing more?
Apr 19, 2008, 14:48
Then and Now
The interesting thing about Real Economics is that one gets a different perspective on the world. Real Economics tells us that every paper currency in the past has failed - and explains why this must happen. Now we must contend with a world of paper money. This is a scary thought.
Central Bankers around the world think that with their understanding of economics they can control the world economy by concerted action. It looks to me like the world is getting more and more financially stressed and that Central Bankers' efforts are more like emergency measures to "hold the fort".
Our paper money is devaluing rapidly. Just look at all the inflation that is going on at the moment. Every day in the papers we see articles about petrol going up, milk and cheese going up and so on and so forth. They are going up by 20% and 10% yet the CPI tells us that "inflation" is "only" 3.1% or some such. Can this be true? Just ask the old age pensioner struggling on $11,000 or $14,000 per annum.
Part of the Central Banker action to give the impression of a sound dollar is to depress the value of gold and silver. If the price of them in dollars can be held down then currency inflation doesn't look so bad. A friend of mine told me he heard a radio talk-back guest talking about the opportunity for investing in silver. Is this a good idea?
Here is an article from an admitted "silver bug" but it contains very interesting information:
Silver is in very short supply when compared with gold, and there is much less silver in world markets than gold. Maybe silver should be worth more than gold?
Apr 1, 2008, 13:04