{"id":66951,"date":"2021-06-05T02:15:42","date_gmt":"2021-06-05T09:15:42","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=66951"},"modified":"2023-01-01T11:00:01","modified_gmt":"2023-01-01T19:00:01","slug":"black-coffee-5-june-2021","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id66951-black-coffee-5-june-2021.html","title":{"rendered":"Black Coffee: The Quick and the Dead"},"content":{"rendered":"

\"\"It’s time to sit back, relax and enjoy a little joe …<\/em><\/p>\n

Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance.<\/p>\n

Let’s get right to this week’s commentary …<\/p>\n

The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion — policemen, customs guards, penal courts, prisons; in some countries even executioners — had to be put into action in order to destroy the gold standard. Solemn pledges were broken, retroactive laws were promulgated, provisions of constitutions and bills of rights were openly defied. And hosts of servile writers praised what the governments had done, and hailed the dawn of the fiat-money millennium.<\/em><\/p><\/blockquote>\n

— Ludwig von Mises<\/strong><\/p>\n

Credits and Debits<\/strong><\/p>\n

Credit:<\/strong><\/span> Did you see this? According to a new survey of 2100 people, the lack of commutes — and the associated cost savings of working from home — are the top two benefits of remote work. So, just how much money are<\/strong><\/em> telecommuters saving? Well … more than one-third<\/a> of those polled said they save at least $5000 per year by working remotely. For most people, that’s not chump change. Well … at least not yet.<\/p>\n

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Yeah they just made 6 figs in one day on meme stonks. I would too.<\/p>\n

Cpt Oblivious (@Cougsky) June 3, 2021<\/a><\/p><\/blockquote>\n