money

UnHerd | Breaking down the West's self-made economic meltdown.

Blake Lovewell | The machinations of monetary theory are murky, but we must get a grasp of what is going on before we’re sold down the river.

Uganda announced the discovery of a deposit of 31 million tonnes of gold ore. Critics said that a great deal of gold ore is required to produce a single gram of refined gold and Uganda's mines are estimated to generate about 217 metric tons of refined gold.

President Biden’s director of the National Economic Council, Brian Deese, when queried about high gas prices, said, “...This is about the future of the liberal world order and we have to stand firm,” referring to Biden's commitment to the war in Ukraine, no matter the cost to Americans.

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Ukraine is being ground down, bit by bit. On Sunday 3 July, the city of Lysychansk came fully under Russian control. The cauldron near this city is rapidly collapsing: The areas of Novodruzhesk and Bilogorivka will almost certainly be red within hours. Indeed this closure has moved within the last hour of my own observation. […]

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