Thank heavens.
In this commentary, I focus on the fundamental concepts of commodity money (Precious Metals), Fiat currencies (Dollar, Euros etc) and memory money (Bitcoin). Thus, I will avoid the technical aspects of the fiat currency system and blockchains. Money is a human concept or idea. When we discuss the technical details, we can lose our way. […]
In receipt of millions from the HSE.
Hundreds of thousands annually.
In the past couple of years, do you ever get the feeling that Ireland has just lurched from one blinding panic to another like a cat on a hot tin roof? If so, you definitely aren’t imagining it. Don’t get me wrong: basically every country on earth freaked out about Covid and was hurt by […]
The Welsh government is offering every 18-year-old in Wales who has left their parents’ care £19,200 per year (almost €23,000) as a “basic income” scheme – whether they work or not. The scheme will be open to around 500 people as a trial, and will be doled out in monthly payments of £1,600 (€1,909). Individuals […]
This followed a New York Post exposé of Cullor’s having spent €3.2 million buying luxury real estate
The Polish government has announced that it will dramatically cut VAT on petrol from next month to combat inflation and the rising cost of living. The VAT rate will be cut from 23% to 8%, with other taxes on gas, petrol and electricity being slashed as energy costs rise faster than they have in two […]
The vice-president of the European Central Bank has said that the record levels of inflation that the Euro is currently experiencing are “not as temporary” as previously believed. Luis de Guindos, who was previously Spain’s economy Minister, has said that the inflation Europe’s currency is feeling may last longer than the ECB had expected. Eurozone […]
Shakedown.
Called it blackmail
Last night the Government succeeded in passing a last minute amendment to the Finance (Covid and Miscellaneous Provisions) Bill 2021 that will allow institutional investors, otherwise “vulture funds”, to avoid paying stamp duty on housing units if they agree to lease them to local authorities. This represents a huge concession to the investors who have […]