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The Sneaky Covid War on Cash

June 17th, 2020 by Viv

The modern road to Mulberry Money, Shin Plaster and Cubic Currency.

Today’s world is awash with Fiat Money.

“Fiat” means “let it be so”.

Fiat money is token currency supplied and regulated by governments and central banks. Its value relies on a government decree that it alone must be used as “legal tender” in paying for anything in that country. Its value falls as its supply increases.

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Posted in Inflation | No Comments »

The Incredible Bread Machine

June 14th, 2020 by Viv

This is a legend of success and plunder;
And a man, Tom Smith, who squelched world hunger.
Now, Smith, an inventor, had specialized
In toys. So, people were surprised
When they found that he instead
Of making toys, was BAKING BREAD!

Then things went bad. Watch the whole sad story all unfold here:

Posted in Regulations, Tax | No Comments »