capital is destructive insofar as new knowledge, new ideas, new technology obliterate the ways of the past

The price of crude oil can really go higher and higher I do not think there is really a limit on how high it can go I predict it will eventually go to $200

Just published an interview here with Mr Phil Flynn we talk about the very distressing situation we find ourselves in which is that kooks are making energy policy

The Federal Reserve Board is overall pretty incompetent but it does not really matter because the Ashkenazi debt business is what drives economic policy and Fed policy also interest rates

It is pretty obvious interest rates cannot go up much because if they do they will bankrupt the US govt which has a gargantuan transfer payments program

Ashkenazi Jew Alan Greenspan did like me and he was impressed with me but I do not really think he was very smart just another Jewish swindler in Washington

Annual debt service cost of US govt is now about 15-16% of US govt hard cash revenue so the Ashkenazi Jewish parasite does not have much time left before their host implodes

Just interviewed for the 4th time my friend Ms Gail Tverberg I explained to her why there was military incursion into Ukraine

In the mid 1990s I came up with the concept of "development dictatorship" and the Chinese govt has brilliantly carried out my conceptual model

I talked to a senior official of the IMF a week ago, he told me I would not be able to interview Kristalina Georgieva the managing director that's unfortunate she is scared also probably incompetent

Tomorrow I interview a senior European diplomat in Washington I think it should be interesting possibly also pretty freaky for Ashkenazi Jews in Washington

I will call up again my friend David B Collum, he 's at Cornell University....chemistry, he said he is close to aligning with me on this war going on in Ukraine

Ashkenazi Jews do not like the 1st Amendment they want to restrict speech they do not approve of

The Christian faith and its tolerance and forgiveness can only be taken so far it will collapse then the force of nature takes over

Tension is building again and I realized last night another world war is inevitable probably within 10 years

Actually the archives do reveal this but historians cannot discuss the truth you will only see falsehoods and distortion

The Germans, mostly in Bavaria, determined they would no longer tolerate Ashkenazim, their anti-Christian and anti-social behavior

I realized last night WWII was mostly about the Jews, not only the Pale of Settlement but also Jews in Western Europe

The Three Fundamental Sources of Economic Growth and Development

Apr 13, 2022

It started when I was living in Washington, DC, with my wife, in the late 1980s early 1990s. I recall getting more and more convinced that I had a chance at putting together theory which would far surpass conventional theory. I'm talking about "economic science" and of course it is a very dubious science. Indeed, it is not a science, and that's the main problem I had with it. Supply/demand was certainly good, conceptually. Markets were better if they were free etc. Adam Smith, the Sottish philosopher and economist. So 30 years ago I had a very difficult time taking these ideas/theories really seriously. I knew they could not be the final statement about "economics" or "household financial management" as the Greeks and Romans called it. 

By 2007-2008 I had conceived a theory to give more strength to what we think of as economic science. It is described below, in the image that you see. It took me almost 20 years of research and thinking to come to these ideas, these conclusions. I am always thinking of further ways to give this a "scientific foundation" etc but this seems pretty good. Deposing the current paradigm is not easy, but it will happen because classical economic science, the conventional thinking about economics, is so silly and weak.