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Channel: Joel Bowman – Non-Dollar Report
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Achtung! Auschwitz!

Above the entrance to Building 7 in the KL Auschwitz I camp in Oświęcim, Poland, are the following words: “Those who cannot remember the past are condemned to repeat it.” The author, George Santayana,...

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Nausea, Dizziness and Modern Economic Quackery

According to WebMD’s “Drugs and Medications” section, meclizine is the most favorably reviewed preventative treatment for “nausea, vomiting, and dizziness caused by motion sickness.” We have no idea if...

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The Illusion of Choice

“If you’ve got a business, you didn’t build that. Somebody else made that happen.” - U.S. President Barack Obama, 2012 “Whence does [the State] draw those resources that it is urged to dispense by way...

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Earn Less, Spend More, Get Rich!

The S&P 500 notched another series of record highs this week. Gold did not. The yellow metal remained mostly flat… dangerously (or attractively?) close to multiyear lows. If it sounds like we’re...

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The Great Decentralization

A quiet insurrection is underway, dear reader. Participants already number in the hundreds of thousands. Perhaps millions. Some are only vaguely aware they are a part of it. Others think of little...

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The Great Decentralization, Part II

[Ed. Note: Last we left you, we were talking about cycles... and whether the world around us is poised for a reversal... a change in the winds... an evolution. In case you missed it, you can read Part...

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The Illogic of Contradiction

Don’t tell the politicians, neither on the left, nor on the right. In the non-trivial jurisdiction of the metaphysical, there’s simply no such thing as a contradiction. At least, not for Aristotle. The...

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Twin Peak Oil

Stocks faltered yesterday (albeit from record highs). Gold rose 10 bucks. Nothing much to see here… On a day-to-day basis, minor moves in the markets tell us very little about what’s going on in the...

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The Great Snow Job

It’s snowing outside. How nice. The novelty value of this kind of weather still hasn’t worn off for your Australian-born editor. There weren’t many blizzards along the tropical coastline on which we...

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The Naked State

Revelation can be more perilous than Revolution. - Vladimir Nabokov Sane individuals don’t need Dick Cheney to say he’d “do it again in a minute” to understand that the action in question was probably...

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The War on Cash Enlists “Convenience”

It’s a rare sight these days to see wads of cash changing hands in commercial transactions. Instead, we use credit and debit cards, plastic “keys” that are supposed to correspond with our financial...

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La Dolce Vita, Vintage 2016

We came to Sicily with an eye to possibly settling down here. Why here in particular? We don’t know yet… but the place seems as inviting as any other. A better question might be… why not? As far as we...

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