Foundation for Economic Growth - Newsletter

Add your comments here
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Search

Last Updated: Nov 6th, 2017 - 19:40:25


Newsletters : 2017 Newsletters : 31 July 2017
Thought for the Day

The election approaches and the pundits are out in force.

I think we are in a time of change and many worried people are looking for an answer to the looming problems.

The ever-lasting solution of more and more money for the people is beginning to sound like just bribery - and they are using our debt for bribe money which is pushing it a bit far, don't you think?

I don't pay much attention as very little changes no matter who gets to be in charge.

National is happy to keep on inflating away and the bulk of the population seem to be happy with this approach. We all get to feel richer as our houses inflate into million dollar land - even though it is the same old house that we bought years ago for a fraction of that money. We don't seem to notice the government debt increasing to pay for all the infrastructure going up. It is working exactly like the 1930s with ever-increasing numbers working on roads except that these days we need another army of bureaucrats to control everything.

Labour promises to spend $4 billion on improving Education, or was it Health? I can't remember - but they have been promising me this ever since I started voting in the 1960s. The facilities have been modernised but our health and education as a nation seem worse than ever - and with the same old problems.

Creating money from nothing and letting the government buy votes with it is hardly a solution to the problems facing this nation.

Maybe I will vote for Winston and reduce the size of parliament to only 100 MPs - and get a country where we are all equal before the law.

I find it hard to believe that the people of this country want to have specials laws for special people decided along racial lines. I call this a racist attitude.

I realise that it is politically incorrect to criticise apartheid laws these days but I find it hard to believe that all those good people who fought the police in our streets to remove racial laws from South Africa would now agree to introduce racial laws into New Zealand.

I have no idea how it has come to this.

America voted Trump and the UK voted for Brexit despite all the polls trying to convince the population that they were looking at a lost cause.

Perhaps the people in the US and the UK just wanted to "stick it to the establishment" and the contrary vote was their only way of showing their disdain for the political class.

Never mind what the world would be like with Winston as Prime Minister it must be better than just quietly going down the gurgler with nary a whimper between us all.

Actually I think it might be quite fun with Winston Peters in charge.

But whatever happens I can promise you that the next government will have a huge economic mess to wrestle with for the next three years.

They will probably get blamed for causing it!


Jul 31, 2017, 15:40

Newsletters : 2017 Newsletters : 31 July 2017
Chinese Gold-Backed Currency To Be Unveiled As This Major Market Surges

This seems to be what the Chinese have been working towards for a long time.

The one thing they do not want is to be debt slaves to the US Federal Reserve!

What do we want?

Visit Website ]
Jul 31, 2017, 15:01

Newsletters : 2017 Newsletters : 31 July 2017
Greyerz – The Elites Are About To Make Their Final Move Against Humanity

Time to make your final move.

Out of paper and into gold and silver.

Visit Website ]
Jul 31, 2017, 14:52

Newsletters : 2017 Newsletters : 31 July 2017
Why economists cannot forecast recessions

Because they are paid not to?!

Visit Website ]
Jul 31, 2017, 14:33

Newsletters : 2017 Newsletters : 31 July 2017
Estimated Chinese Gold Reserves Surpass 20,000t

"Gold is a special product with the dual attribute of general commodity and currency. It is the cornerstone of important global strategic assets and the national financial reserve system. It plays an irreplaceable role in safeguarding national financial stability and economic security."

China Gold Association

Time for the New Zealand Reserve Bank to think about our gold reserves.

Visit Website ]
Jul 30, 2017, 17:07

Newsletters : 2017 Newsletters : 31 July 2017
The Economic Collapse Began Long Ago

The truth is starting to leak out.

It is interesting to see what people have decided so far.

Just remember that by definition a "Black Swan Event" is not ever recognised as one until it hits!

Visit Website ]
Jul 28, 2017, 15:17

Newsletters : 2017 Newsletters : 31 July 2017
A Ray of Hope — Paul Craig Roberts

And hubris shall be followed by nemesis.

Visit Website ]
Jul 28, 2017, 13:31

Newsletters : 2017 Newsletters : 31 July 2017
Legend Connected In China At The Highest Levels Says Price Of Gold Will Skyrocket 75% Within 18 Months!

Very likely.

Visit Website ]
Jul 27, 2017, 16:39

Newsletters : 2017 Newsletters : 31 July 2017
Exclusive: London Metal Exchange to publish gold, silver reference prices within weeks

Notice that they are calling it a "reference" price - not a market price!

Visit Website ]
Jul 27, 2017, 15:17

Newsletters : 2017 Newsletters : 31 July 2017
Quote of the Day

"The most puzzling development in politics during the last decade is the apparent determination of Western European leaders to re-create the Soviet Union in Western Europe."

Mikhail Gorbachev


*** *** ***

"Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match."

Alan Greenspan, October 2014


*** *** ***

"The idea of leaving behind a failing government and its failing policies resonates deeply in America today. Time Magazine and Reuters recently reported that 25% of Americans want to secede from the U.S."

Jeff Opdyke January 2015


*** *** ***

As they say in the law, falsus in unum falsus in omnibus – False in one thing, false in all things.


*** *** ***

“History shows that once an enormous debt has been incurred by a nation, there are only two ways to solve it: one is simply to declare bankruptcy – repudiate the debt. The other is to inflate the currency and thus to destroy the wealth of the ordinary citizen.”

Adam Smith


*** *** ***

“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.”

Mark Twain


*** *** ***


Jul 26, 2017, 15:15

Creating Wealth and Keeping it

The New book by Phil Scott, President of the Foundation for Economic Growth.

"This book is good, damn good and no statistics!" Lindsay Gordon, MA, MSC, PHD.

Every serious economics student should have a copy and read this ground-breaking foundation of clear economic thinking. Real Economics explains how human actions shape our world and why so much seems to be going wrong for Western economies. This book will bring enlightenment for the general reader who will see why a few very wealthy are becoming exceedingly rich and the middle classes are on the road to serfdom.

See more: www.realeconomics.co.nz