John T. Reed’s news blog

I hold and recommend Canadian currency as a hedge against US inflation. Recently, inflation in the Canadian dollar hit 5%. I did not like that but I did not switch to Mexican pesos or some such in retaliation. Now we hear that the Bank of Canada —their Fed—was going to raise the national interest rate to .5% to knock down inflation. Good.  It sounds like they have also been buying government bonds, which is or ought to be prohibited. I believe it is prohibited in the EZ but they did it anyway..johnreed@johntreed.com

When Biden went off on his conspiracy theory about burning pits at military bases, Pelosi stood up behind him and “clapped” her knuckles together is some comic book evil villain manner. She reminded me of Mr. Burns, the nuclear power plant owner saying “Excellent” about some nefarious plan. https://www.trendsmap.com/twitter/tweet/1498862583574523907 https://www.youtube.com/watch?v=YKUOB8MN4Kc My email is johnreed@johntreed.com.

Former Japanese Prime Minister Abe said that Japan should consider a nuclear weapon sharing arrangement with the US. Apparently there are non-nuclear allies of the US who allow US nuclear weapons to be stationed on their territory. The current Japanese Prime Minister dismissed the idea.  I have said repeatedly that we should provide nuclear-tipped missiles to Japan, South Korea, Taiwan, and Ukraine. The Dems are unwilling to fund an adequate US defense. So this is the only quick fix available. What about non-proliferation? It failed. There are now five nuclear armed countries from before the non-proliferation treaty: US, UK, France,...

Dmitry Medvedev, who kept the Russian President office chair warm for Putin for a couple years, is now threatening nuclear war over the financial sanctions. A. I thought their official line was that they are not bothered by sanctions. If that’s the case, why would you go to nuclear war over them. B. What is this nonsensical Russian presumptions that nuclear war hurts NATO, but not Russia. A true nuclear war would devastate the central business districts, ports, factories, military facilities, aircraft carriers in Russia and in the US and other NATO nations.  Russia reportedly has thousands of nuclear warheads. I do...

I have been marveling at the silent for a century nations coming out of the woodwork to condemn Russia’s Ukraine invasion. Would you believe Monaco? Russian oligarchs like to hang around there. Monaco is honoring the sanctions against them. UK is voting on a law requiring the anonymous owners of UK properties be outed. That will raise hell not only in Russia but probably also in most of the rest of the world.