The Amateur Economist

The manipulators want to bail out Tomago because they wrecked the energy market

Mortgagee repossessions are soaring in the United States.People are involuntarily living in tents in Australia.And a bit more...

I am an assimilated immigrant.

How I think about the real estate to gold ratio, the gold to dollar ratio, commodity money and fiat currency.

Classic Mussolini fascism is rampant in Australia under this oppressive regime

Just a quick 25 minute ramble about Charlie Kirk, and then an article I stumbled upon covering the health of children vaccinated against unvaccinated.

Real estate experts warn that new mandatory seller laws, which give buyers the right to terminate a contract until settlement day, could increase the cost of selling a property by $1,000 or more.

A new report from the national housing campaign Everybody’s Home highlights the deepening rental crisis across Australia.Released on Wednesday, the Out of Reach report shows that average weekly rents in capital cities have jumped by 57 per cent—rising from $473 in 2015 to $742 in 2025.

Bega Group announces it will close its peanut processing plants in Kingaroy and Tolga.Bega says Australia's peanut industry is facing increased competition from imports and declining production.

This is song I wrote a couple of years ago. I loaded the lyrics into a program called Songer. After some trial and error this is how it came out

First Guardian collapses leaving 6000 investors at risk of losing their super

The Swan Hill Rural City Council Mayor Stuart King is unhappy his council no longer gets to tell businesses where and when they can open their doors. The decision is now being made by a more heavily armed criminal gang. The Liquor Control Victoria Gang

Rio Tinto’s large-scale aluminium smelter in Tomago, New South Wales, is reportedly on the brink of closure.Located approximately 13 kilometres west of Newcastle, the Tomago facility directly employs around 1,000 workers. However, any suspension in operations could have a broader impact, potentially affecting up to 5,000 additional jobs throughout the Hunter Valley region.Rio Tinto, which owns a 51.6 per cent stake in the smelter, produces roughly 590,000 tonnes of aluminium annually at the site—accounting for approximately 37 per cent of Australia’s total aluminium output.According to multiple sources, the company is engaged in urgent negotiations with both state and federal governments, seeking financial support to prevent a shutdown.

My thoughts and solutions on the issues given as reasons for the no confidence vote against Premier Jeremy Rockliff

Another example of regulations and mass immigration causing pain for everyone except the government, who benefit.

Looks like the Australian real estate bubble is bursting. Will gold and silver go with it?

After 100 years of deflation under a sound money system, and productivity increases driving increased prosperity across the board for all workers in the 1800s, boards were set up and legislation passed to arbitrarily increase the so called minimum wage, effectively eliminating the 'start at the bottom worker'.Now after 100 years of interference and inflation, and yearly interventionist so called minimum wage increases, the standard of living for low income workers continues to deteriorate...

A few tips that might save you currency

Peter Dutton speaks after Welcome to Country booed at Melbourne dawn service

Private property crime is on the rise in Australia. Today I talk about a Topher Field video released two weeks ago outlining particular case where a motorcycle thief was run over by the victims' brother.I think Topher's well meaning solutions are akin to Stockholm Syndrome, and have as always, a free market solution.

Part 2

Imagine having a home robot that does all the mundane chores that's smart enough to have an intelligent conversation with

The market adjustments were on the cards anyway without all this tariff crap

Thomas Massie was the only republican to vote against an increase in government spending. He is the only representative that is not a 'yes man' to Donald Trump

Tariffs will not solve the trade deficit imbalance. Tariffs will not bring manufacturing back. Tariffs will make imported goods more expensive. Tariffs will hurt the local economy.......

You will have to listen to see what I have to say....

Get back to the office and get off Zoom or work somewhere else is the message from JP Morgan's CEO....

Who is Sam Kerr?Just some stupid young Sheila that called someone a name.She is not a role model, and not guilty of racism because it is not a crime.What a joke society has become.

Peter Dutton proposes to build outdated nuclear plants. Has someone not told him about Lifters, or Dual fluid reactors?

People of European decent protest against themselves.....

Where's your visa?

A few thoughts on the difference between supply shortages causing prices to rise, and the expansion of the currency supply

What King Charles the 3rd should do with all of the parlaments of the Commonwealth. Private Security Integrity Sound money Crime

The Queensland government is introducing a higher level of price controls which will lead to more shortages, making the government driven crises worse. Trevor Rawnsley from the Australian Resident Managers Association suggests a bureaucrat decides what private citizens can do with their property regarding short term accommodation, if he gets his hair brained idea into legislation, the crises will be even worse.

The Reserve Bank and the Fed can guarantee your deposits as far as the eye can see, but as Alan Greenspan once said, they cannot guarantee the purchasing power of the dollar. Get ready for high, if not hyper inflation.

Have a look at the share prices of these investment banks. The 2023 financial crises continues while every day Australians cruise along without a care in the world.

The Enron moment is upon us. Silicon Valley Fractional Reserve Bank is the start of the 2023 financial crises. 

The proposed privatization of the Mareeba Airport is not a proposed privatization. Its quasi communism...

My take on the former Hells Angles biker buying $27,000 worth of gold from the Perth Mint.. https://www.abc.net.au/news/2023-03-06/perth-mint-sells-gold-former-hells-angels-bikie-without-checks/102048620

The Asx is floating down, interrupted by the occasional up day or week. Down 3.21% today, up 1378% since 1998, similar to gold...

Retail outlets in Australia have become the corporate arm of the state, charging special customers less than those that won't hand over their details.

Australian buffoon political central planners dictate to the cafes on what energy to use. The only outcome is shortages and despair... 

If there's war between the sexes, there'll be no people left. Joe Jackson....

The story of the tief man.

Today I bought my groceries for the first time ever with a digital card, and for the first time ever, I spent nearly a gram of gold on the blockchain.

Speculators and gamblers want to know what the dollar price of their gamble is? Value investors truly don't care.

My thoughts on how the crypto free market separated the fools from their currency....

Normal people are talking about buying precious metals for wealth preservation

Helicopter Ben that did not see the sub prime mortgage market blow up coming, and then proceeded to create more currency in a couple of years than for the history of the Federal Reserve, causing today's inflation has been awarded the Nobel Prize for economics. The world is truly upside down.

This one tells you what will happen to their CBDC'S. Listen out for when they introduced the second currency. https://anchor.fm/theamateureconomist/episodes/French-Double-Currency-Collapse-e1gq73s Money has to have a store of value. Money is a commodity. Not a blip on a screen. The money the market chose as the best store of value is gold, silver and copper. We did not always have central banks and governments issuing the currency, we had paper that had a claim on money (see attached). The note is redeemable in money, it is not the money itself. Regardless of where I have put my money, I know a man who has all of his wealth in silver 1kg's, 1 ounce coins, and one ounces of gold, just bullion as close to spot price as possible. My super fund looks the same as my personal holdings, exactly the same companies. When I receive a settlement, I just allocate funds to companies I own shares in, and buy physical silver. I do not look to see what the dollar price of a share in a debt free, free cash flow, dividend paying company is on a particular day. I only care about how many shares I have in that company, because the dividend is paid per share, not on the amount of dollars the company is worth. Why, because the dollars are made up crap. The company's stock is a portion of the company you own. Buildings, production, vehicles, etc. For a Reverse The Reserve Bank of Australia T shirt, go to https://theamateuraustrian.com/collections/all