This article discusses the challenges Janet Yellen, the expected incoming U.S. Treasury Secretary may face in reconstituting the staff within Treasury. https://www.politico.com/news/2020/12/29/yellen-treasury-dept-451604 Perhaps limited staffing is why Treasury officials have not responded to my inquiries regarding the irregular treatment of the Thrift Savings Fund account (TSF) it manages. The TSF is a pension fund forContinue reading “Vanishing Ranks within the US Treasury”
Category Archives: Uncategorized
Evidence on COVID Everything
This link will take you to an extremely useful source on all things COVID-19. “Due to the irregular nature of the COVID-19 responses, this is a crowdsourcing tool for organizing the economic ramifications, scientific inconsistencies, and legal issues. Our desire is to see a rational and principled approach to COVID-19 where the rights of citizensContinue reading “Evidence on COVID Everything”
China Finalizing Digital Currency
China may be the first to introduce a digital currency, but the rest of the world is not far behind… https://www.zerohedge.com/markets/china-will-be-first-country-launch-digital-currency-what-happens-then
James Corbett on the Future of Vaccines
James Corbett of the Corbett Report offers a well-sourced and alarming examination of the future of vaccines of which the experimental COVID-19 mRNA vaccine is just the beginning:
Low Income Workers Hit Hardest by the Lockdowns
This article summarizes the differences in job losses for low- and high-wage workers, showing that low-wage workers have been disproportionately affected. Tough times are even tougher for the low-wage workers: https://www.zerohedge.com/personal-finance/high-wage-vs-low-wage-visualizing-americas-k-shaped-economic-recovery
Planet Lockdown Film in Progress
An important new documentary is being made in which scientists and intellectuals offer a counter-narrative about the nature of what the entire globe is experiencing. Interviewees include: American/German Lawyer Reiner Fueullmich who leading a lawsuit against the knowing inappropriate use of the PCR test and its inability to detect COVID-19. Archbishop Carlo Maria ViganĂ²’s AppealContinue reading “Planet Lockdown Film in Progress”
The Hope of Christmas
More than 700 years before Christ was born, the book of Isaiah was written: Isaiah 9: 6-7 For to us a child is born, to us a son is given, and the government will be on his shoulders.And he will be called Wonderful Counselor, Mighty God, Everlasting Father, Prince of Peace.7 Of the greatness of his government and peace there willContinue reading “The Hope of Christmas”
U.S. Government Budget Deal Delayed
President Trump stated that the $600 to be sent to individuals was too little, suggesting that $2000 was more appropriate, given the struggles people have endured due to the lockdown policies. Trump has threatened to veto the legislation. The Democrats support the increase but Republicans object. While the legislation is very important given that theContinue reading “U.S. Government Budget Deal Delayed”
COVID “Freedom” Passports
Governments and airlines are quickly moving forward to implement paper and digital COVID passports that will be required for travel. This article discusses how the United Kingdom has already contracted with firms to develop the passport systems: And this article reports that Singapore Airlines is now requiring COVID passports for travel: I expect COVID passportsContinue reading “COVID “Freedom” Passports”
Velocity of Money Is Collapsing
In this post, I noted that the U.S. money supply increased by more than 60% in 2020: https://mark-skidmore.com/2020/12/14/u-s-m1-money-supply-increases-by-more-than-60-in-2020/. The graph below from the Federal Reserve shows that the velocity of money (a measure of the flow of financial assets in the economy) hovered around 1.8 since the 1960, rose to as high as 2.2 inContinue reading “Velocity of Money Is Collapsing”