Tag: Africa is the future
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Reprint plus encouraging news
Linked in previous, worth a reprint as a more general look at currencies and standards. = = = = = START 2024 REPRINT: An 1880s British book on banking gave a simple statistic that altered my view of how money works. The statistic: Earlier I summarized an American book from the same era, which I…
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Never miss an opportunity!
Journalists are required to get everything wrong. Nieman Lab, speaking for all journalists everywhere, never misses an opportunity to lie and distort. Here they complain about Trump’s attempt to shut down VOA. They say that Russia and China will rush into the void, reshaping Africa’s attitudes. Got NEWS for you, alleged NEWS gatherers. You’ve been…
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Uganda joins the cultural defense
The move toward a gold standard is spreading through Africa. Uganda is working toward the same goal, though not yet firming up the decision as Zimbabwe did. = = = = = START QUOTE: The Bank of Uganda said it will directly purchase bullion from artisanal miners in a move that will also support government…
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More ZiG
Listening to more commentators, mainly African, discussing the new Zimbabwe gold-backed currency. Some of them miss an important point, others hit it squarely. Miss: The central bank doesn’t have enough physical gold to pay all notes “on demand”, so the currency can’t work. No. Banks NEVER had enough physical gold to pay all bills “on…
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Sounds familiar
Paying attention to Zimbabwe now. One story about Mugabe’s corruption mentioned ‘farm invasions’, which needed more explanation. From Cato’s account, which may be biased: = = = = = START CATO: In the early 2000s, Zimbabwe’s former dictator Robert Mugabe gave the green light to his paramilitary supporters to invade commercial farms, seizing some 23…
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Zimbabwe’s Powell
Bloomberg has a new podcast series on Africa, which is highly appropriate. Africa is where the world is changing for the better. Africa is the future. This short feature is about Zimbabwe’s new central bank head, and his new attempt at a stable currency. The new unit is firmly tied to gold. Too soon to…
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Tensile test
Animating old GenRad testing machines got me thinking in terms of Metrology again. Social media algorithms are testing machines for the pigeons in the Skinner box. You have a lever marked “block”, which allegedly gets rid of stuff you don’t want. You keep pressing, assuming that the AI algorithm will adapt to your desires. If…
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Understands 2
Writers at Compact Mag often UNDERSTAND reality, which is extremely rare online. Ryan Zickgraf is writing about a new movie that runs the usual D idiocy about R “insurrections”. = = = = = START REALITY: But while there are certainly cracks in the American project, there is little evidence that we are on the…
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World in one checkout
In Safeway the woman behind me in the checkout line was loading the belt with dozens and dozens and dozens of baby food jars. She was clearly from India, judging by her appearance and dress. The other customers, including me, were Anglo and OLD. Describes the world. India and Africa are winning because they have…
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Carver vs Substack
I’ve been bitching that Substack is a self-contained universe for its own writers. Stop! I’m a writer inside another self-contained universe, which is quite a bit larger than Substack. Decided to look around the universe where I’m a participant and let it talk to me. WordPress is apparently trying to be more like a community,…
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Luxury brands
Jeffrey Tucker did the best job of all in tracing the history and motives of the “virus” bioterror holocaust. But his Libertarian tendencies are still getting in the way, as he peculiarly wants to protect Apple from the antitrusters: = = = = = START QUOTE: Beyond that, there is a darker agenda here. It’s…
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When do we get our post-colonial?
Most African countries were colonies of France or England for 200 years. They started to break loose after WW2 when both of the master countries were too busy cleaning up their own Kraut damage. By 1960 all of them were post-colonial. Some managed to set up competent governments, some didn’t. Now many of the British…
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Starving the demons
There’s no way to kill or depose demons who own everything, but Nature has a way of starving overgrown monsters who trample and gobble up all the plants. Pointed via the Pillar substack, a list of the Vatican’s budget problems. This is good news for the real church, which is in Africa along with Snowbird…
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Reprint: Culture = skills.
Mentioned in previous, worth a reprint. = = = = = START 2020 REPRINT: A new measurement of the cerebellum is SHOCKING as usual. It’s essentially a flat sheet with the thickness of a crepe, crinkled into hundreds of folds to make it fit into a compact volume about one-eighth the volume of the cerebral…
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Hank and Tom go fishing
I’ve been trying for years to get a clear picture of Henry Ford. He was massively complicated and entirely simple all at once. He hated FDR and accomplished the same ends as FDR. (I’m pretty sure Frank understood Hank better than Hank understood Frank.) Ford was America’s most effective and benevolent socialist and “civil rights”…
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