How did George Soros’s saga of triumph unfold from those nascent days in America? As a young émigré, he had charted a modest course: amass $500,000 in five years, return to England, and immerse himself [more…]
Since fiat currencies, per se, are not redeemable for anything other than themselves, their very existence depends upon confidence. The issuing authority must not inflate the currency’s size to the point that it begins to [more…]
According to F. William Engdahl, a German-American political scientist and incisive commentator, George Soros secured the allegiance of 99 “sophisticated investors,” as mandated by U.S. law for a fund of such ambition. Engdahl distilled the [more…]
Arnhold and S. Bleichroeder, the firm where George Soros honed his craft from 1963 to 1973, was a fusion of two venerable German institutions. The first, founded in 1864 by brothers Max and Georg Arnhold [more…]
“Inflation is always and everywhere a monetary phenomenon.”–Milton Friedman “Inflation” is an increase in the money supply. Higher overall prices are the result of an increase in the money supply. To say that higher prices [more…]
The phrase ‘grim up north’ lingers in the national imagination and conjures images of soot-stained skylines, struggling towns, and industries long past their prime. Yet this caricature of tired decline obscures another, less frequently told [more…]
I had two immediate reactions to the news of Jason Arday’s apparent suicide. The first was sadness, especially for his two children, wife, and parents. The second was to start a countdown to when the [more…]
In 2007 I was the joint owner of a building services consultancy which undertook the mechanical and electrical design and production tender documentation relating to new construction and refurbishment projects. In addition, we also undertook [more…]
My wife and I recently took a four day road trip to the Hudson, New York area to see some gardens and a couple preserved homes. We stayed the first night in quaint Hudson, NY, [more…]
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