Tag Archives: Economics

Singapore: A Case of Libertarian Orientalism?

Posted on by

“Raffles was the one who started the whole thing and say this was going to be a free trade place and this free trade principle has never been touched in the last 150 years. Therefore Singapore really if you look at all those international indicators, Singapore scores extremely well; very little regulation; a foreigner can create a company; multinational companies can come in, no problem. It’s all very easy. The hair in the soup; big hair this time, we’re talking about government enterprises and investments. Here Singapore only scores 7 in the Frasier Institute report. The score of 7 meant when the government invests between 20 and 25 percent in total investments.”

http://isil.org/singapore-a-case-of-libertarian-orientalism/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Colorado’s New Cannabis Economy

Posted on by

“What would have happened if one or two states had somehow managed to legalize alcohol during prohibition? Most likely, those states would have become centers of entrepreneurship with retail outlets, medicines, and innovation in equipment, machinery, and other forms of capital related to alcohol-related industries.  With the recent legalization of recreational cannabis use in both Washington state and Colorado, we’re able to see a similar experiment in action.  While the 18th Amendment prohibiting alcohol production and sales precluded state-level legalization, federal drug laws enjoy no such constitutional backing.”

http://mises.org/daily/6669/Colorados-New-Cannabis-Economy

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Mark Thornton on Prohibition, Marijuana and Loss of Elite Control

Posted on by

“Marijuana legalization is only a small part of the changes being made, but it is surely a crack in the seamless surface of economic and sociopolitical control that internationalists forged in the 20th century. It is not control that elites yield easily or graciously, but we wonder if those behind this startling legalization will lose control of the process as they seem to be losing control in so many other areas. Whether it is global warming, the war on terror, the covert wars in the Middle East and now the Ukraine, the control exercised by the globalist conspiracy seems to be slipping. To a great degree it depended on secrecy and that secrecy has been ripped away in this past decade.”

http://www.thedailybell.com/exclusive-interviews/35072/Anthony-Wile-Mark-Thornton-on-Prohibition-Marijuana-and-the-Loss-of-Elite-Control/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Ultima Creator Richard Garriott: Virtual Worlds, Real Money

Posted on by

“Adam sits down with Richard Garriott about money, games, cryptocurrency, the intersection between MMO developers and national governments, Valve’s publish-as-a-protocol.”

http://letstalkbitcoin.com/e86-virtual-worlds-real-money/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bill Bonner: Why the Crowd Is About to Get Destroyed in US Stocks

Posted on by

Bill-Bonner2

“In the US, as in Japan, QE does not help stimulate a real recovery. But it does help simulate one.  House prices are up (thanks, in part, to ultra-low mortgage rates). The middle class has more ‘wealth’ (albeit the paper kind) due to gains in their stock market portfolios. The rich are feeling fat and sassy, too.  The Fed can continue modest tapering. But this is likely to produce a selloff in the stock market. Then the Fed will stop tapering. But it will be too late to reverse the damage to equities. They will go down for many years… bringing us even closer to the Japanese model.  Our guess now is that this situation will persist for a few years.”

http://www.bonnerandpartners.com/why-the-crowd-is-about-to-get-destroyed-in-us-stocks/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

G. Edward Griffin on Bitcoin with Max Wright and Trace Mayer

Posted on by

“Great Conversation with G. Edward Griffin, Max Wright, and Trace Mayer on Bitcoin.”

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Unlocked iPhones Are Hard Currency in Brazil, Italy, Other Countries

Posted on by

“Lining up inside the Apple Store on Fifth Avenue, I was surrounded by shoppers speaking languages from around the world. The salesman looked stunned when I said I wanted an unlocked iPhone. Just one?  A new shipment of unlocked 5s phones had just come in, he said, adding that the gold model I asked for was the most popular in Europe and the easiest to resell. To my right, a man with a credit card from a Saudi bank was trying to buy his third and fourth phones of the day. ‘Make it two,’ I said. There was one more step: The salesman grabbed a landline from behind the counter to connect me with my bank’s antifraud department. Purchases from this store, he said, are red flags.”

http://www.businessweek.com/articles/2014-02-06/unlocked-iphones-are-hard-currency-in-brazil-italy-other-countries

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Charlie Shrem, Bitcoin entrepreneur, interviewed by Jeffrey Tucker

Posted on by

“Charlie Shrem has been on the forefront of cryptocurrency for years. This is how he came to know and love innovation in this sphere.”

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Patrick Byrne: Bitcoin Messiah, Overstock CEO, Scourge of Wall Street

Posted on by

“‘Someday, either zombies walk the Earth or something close to that,’ says Byrne, the son of the man who built the GEICO insurance empire, Jack Byrne, and a protege of Warren Buffet, the most successful investor in the history of Wall Street. ‘Bitcoin is the solution.’  Like Marc Andreessen, one of the founding fathers of the web browser, who has also put his weight behind the digital currency, Byrne brings more than highfalutin metaphors to the table. The 51-year-old has proven that, beneath his wonderfully entertaining and often perplexing way of describing the world, he has a knack for seeing where things are going before others do.”

http://www.wired.com/business/2014/02/rise-fall-rise-patrick-byrne/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Wow much Dogecoin. Very competition. So money.

Posted on by

“Dogecoin has proven itself to be money. Here’s why.  First, what is money? The short answer is that money is as money does. More specifically, money is a medium of exchange, unit of account, and store of value that helps people trade for goods and  services.  For any money, it is important to define exactly where it is a medium of exchange. My Turkish lira have little value outside of sentiment for me here in Irvington, NY. But in Turkey, I can exchange those pieces of paper for nearly anything.  So, where is Dogecoin money? Right here on the internet. DOGE (shorthand symbol for Dogecoin) has spontaneously emerged as the internet’s tipping currency.”

http://www.fee.org/the_freeman/detail/wow-much-dogecoin-very-competition-so-money

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet