Race Toward Digital Currency: US vs China
While the US tries to adapt digital currency to its welfare state and otherwise avoid it in the global markets, China spent the last five years working on the digital yuan. Ben Franklin once said: I am for doing good to the poor, but I differ in opinion about the means. I think the best […]
The Decentralized Solution
While the government centralizes its power and control, individuals will find more solutions by fragmenting and decentralizing their lives. April 20, 2020 By: Bobby Casey, Managing Director GWP I see a lot of fringe arguments about the insidious “psyop”. While I don’t indulge rabbit holes like that, there is something about a system reliant upon […]
Argentina’s New Administration Ushers in Major Tax Scheme
The new president of Argentina is ushering in a very extensive tax scheme to try and stimulate the economy, and reduce the purchase of US dollars, but he is doing so without an economic plan. January 19, 2020 By: Bobby Casey, Managing Director GWP Anyone who remembers their childhood knows: it’s so much easier to […]
What About “We The People”?
Most people feel under-served by their governments; but maybe the problem is waiting on governments to solve problems they are often responsible for creating. September 30, 2019 By: Bobby Casey, Managing Director GWP There’s a lot of discussion and hysteria going around about the interests of “The People”. Whether it’s the people of the US […]
Russia to Launch First Yuan-Denominated Bond
The China-Russia partnership just got kicked into high gear with Russia set to launch the first yuan-denominated bond in the next few months. September 9, 2019 By: Bobby Casey, Managing Director GWP China has been busy printing money and buying gold, engaging in a precarious game of cat and mouse with the US. Before Trump […]
Is the US Headed Toward Greatness?
Economic tinkering, more of the same with the surveillance state, and a precarious trade war isn’t what one would expect on the path to greatness. August 26, 2019 By: Bobby Casey, Managing Director GWP When the MAGA slogan first came out, it was criticized for the same reasons as Michelle Obama’s statement, “for the first […]
Unintended Consequences of Trade War with China
The trade war is escalating to what might become a currency war. Other unintended consequences have followed, making global markets nervous. August 12, 2019 By: Bobby Casey, Managing Director GWP In this battle of will between the US and China, inevitably, the victims will be the private consumers. At the G20 Summit in Japan, it […]
The Fight Against a Subtle Tyranny
Are hand-outs and welfare rooted in what has been called “the tyranny of low expectations”? Could economic freedom be the antidote to that poison? June 24, 2019 By: Bobby Casey, Managing Director, GWP I heard a very thought-provoking quote from Naval Ravikant. He was addressing the coming of further automation and artificial intelligence (AI). When […]
Failures in Prohibition, Tariffs, and New Deals
The US hasn’t learned from its own history when it comes to prohibition, tariffs, and New Deals; and the people are going to pay dearly for that willful ignorance. June 10, 2019 By: Bobby Casey, Managing Director GWP Is it just me, or is the US playing some of its greatest disastrous hits of the […]
Italy’s Economy is Latest in EU Debt Crisis
Italy is stuck in recession mode through a combination of EU policies and its own internal follies. What are the implications of this to the EU and the world? May 20, 2019 By: Bobby Casey, Managing Director GWP Some red flags are going up in the EU, and those flags are coming from Italy. Economic […]
