The US and Norway have in common that they debased their currencies by about 7% per year over the 20 years period 2002-2022. This is in terms of increasing the amount of USD/NOK. At 7% you cut the value in half in 10 years, and to a quarter in 20 years. Inflation is fraud.

Debt ceiling reflection. I lived in Brussels a period when they didn't have any government in Belgium. I think it lastet more than a year. And things of course worked much better than normal. So if they can't reach an agreement in the US, and they have to lay of people in the public sector, it would be a blessing for the Americans.

Belgium breaks own record for longest period without government

I realize renaming our country "Norbabwe" will be an insult to Zimbabwe. Norgentina is better.

Hope to see you in Prague!

You become more optimistic and positive when you realize that switching to better forms of money for saving, gifting, earning and spending will make things better for yourself, for those around you and for humanity.

Peter McCormacks interview with me covered inflation, how monetary policy started in Norway in the Viking Age, how our belief systems have changed over time, and many other things.

The increase in the money supply (monetary inflation) marked with red facilitated the greatest robbery in human history. But the reduction of the money supply (monetary deflation) marked with yellow may be just as brutal in its redistribution of economic wealth. Which phase of this rugpulling excercise that will be worst remains to be seen. The combination of these movements are perhaps the most interesting: The inflation phase enables the rich and speculators to become rich, while the deflation phase pulls the rug from many who are in these groups and transfers their wealth further on to the super rich. It's like stirring the milk and then scooping up the cream.

Unreal.

#Fraudcoin is a bridge from Bullshit to wherever you want to go.

Happy to see the e-book version of #Fraudcoin has hit the No. 3 spot on Amazon's bestseller list in the category Inflation.

Grateful to have been interviewed by Peter McCormack on his WBD podcast.

Spotify

1000 Years of Inflation with Rune Østgård - WBD658

The Peter McCormack Show · Episode

How come a book written by a smalltown lawyer from Steinkjer is No. 1, 2 and 3 in the popularity ranking of books on Macroeconomics on the largest Norwegian bookstore chain's website? Can it be because the book makes it possible for everybody to see that the Emperor has no clothes?

Prediction: As the cost of artificial intelligence and hence also the cost of manipulation of data drops like a stone, the value of natural intelligence, real-life interaction with nature and other human beings, including all sorts of live events, will increase substantially.

Wanna treat your citizens like dogs, and sell your country for cheap to China and foreign megacorporations? Just debase your currency, bitch! #theNOKisashitcoin #fraudcoin

Powell the Prophet

Fed Chair Powell: Wearing masks can lead to 'enormous' economic gains

The Quack Theory of Inflation, that a little inflation is good for society, was - and still is - an invaluable gift to evil politicians.

The state is more worried about what you believe, than what you do.

Monetary freedom - the right to choose freely which type of money you want to use - is a fundamental human right.

The Norwegian society was based on trust.

What do you think of the revamped front cover created by @mrpixelparanoia? Looks fab, doesn't it?