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	<title>Guido&#039;s temple of the absurd</title>
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	<description>The monetary system is not ratified by society yet it shapes and dictates our entire existence...</description>
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		<title>Guido&#039;s temple of the absurd</title>
		<link>http://guidoromero.wordpress.com</link>
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		<item>
		<title>But, but, but&#8230; it is a barbarous relic that has no intrinsic value&#8230;</title>
		<link>http://guidoromero.wordpress.com/2012/01/23/but-but-but-it-is-a-barbarous-relic-that-has-no-intrinsic-value/</link>
		<comments>http://guidoromero.wordpress.com/2012/01/23/but-but-but-it-is-a-barbarous-relic-that-has-no-intrinsic-value/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 15:10:37 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[iran banned from trading in gold]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3618</guid>
		<description><![CDATA[http://www.bloomberg.com/news/2012-01-22/european-union-likely-to-agree-on-iranian-oil-ban.html Excerpt emphasis added: &#8220;The EU will freeze assets of the Iranian central bank in Europe as well as of eight other entities and ban the trade in gold, precious metals, diamonds and petrochemical products from Iran, the EU said. &#8220; And since we are at it, it gives me the opportunity to bring something [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3618&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2012/01/23/but-but-but-it-is-a-barbarous-relic-that-has-no-intrinsic-value/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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			<media:title type="html">guidoamm</media:title>
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		<item>
		<title>Fine wine, caviar, lobster, butlers, chauffeurs and limos&#8230; but not a mention of the monetary system&#8230;</title>
		<link>http://guidoromero.wordpress.com/2012/01/23/fine-wine-caviar-lobster-butlers-chauffeurs-and-limos-but-not-a-mention-of-the-monetary-system/</link>
		<comments>http://guidoromero.wordpress.com/2012/01/23/fine-wine-caviar-lobster-butlers-chauffeurs-and-limos-but-not-a-mention-of-the-monetary-system/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 07:38:18 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[klaus schwab]]></category>
		<category><![CDATA[wef]]></category>
		<category><![CDATA[World Economic Forum]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3613</guid>
		<description><![CDATA[It&#8217;s that time of year again. No, not the Chinese New Year. It is the time of that ultimate plutocratic shindig self styled as the World Economic Forum. http://www.breitbart.com/article.php?id=CNG.be33fda73987ff722e71ca3a18f1bfaf.351&#38;show_article=1 Excerpts: &#8220;Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3613&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2012/01/23/fine-wine-caviar-lobster-butlers-chauffeurs-and-limos-but-not-a-mention-of-the-monetary-system/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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			<media:title type="html">guidoamm</media:title>
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		<title>David Rhodes and Daniel Stelter via John Mauldin</title>
		<link>http://guidoromero.wordpress.com/2012/01/01/david-rhodes-and-daniel-stelter-via-john-mauldin/</link>
		<comments>http://guidoromero.wordpress.com/2012/01/01/david-rhodes-and-daniel-stelter-via-john-mauldin/#comments</comments>
		<pubDate>Sun, 01 Jan 2012 07:06:50 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[Boston Consulting Group]]></category>
		<category><![CDATA[David Rhodes]]></category>
		<category><![CDATA[inflation]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3607</guid>
		<description><![CDATA[John Mauldin today shares a private letter from the Boston Consulting Group with his readers. David Rhodes and Daniel Stelter analyze the current financial/economic situation and the solutions being devised by Western governments and go on to tut-tut what is being done, proposed and implemented. http://www.johnmauldin.com/frontlinethoughts/collateral-damage Let me just jump straight to the conclusion where [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3607&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
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			<media:title type="html">guidoamm</media:title>
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		<media:content url="http://research.stlouisfed.org/fred2/graph/fredgraph.png?&#38;id=INTGSBUSM193N&#38;scale=Left&#38;range=Custom&#38;cosd=1980-04-01&#38;coed=2011-09-01&#38;line_color=%230000ff&#38;link_values=false&#38;line_style=Solid&#38;mark_type=NONE&#38;mw=4&#38;lw=1&#38;ost=-99999&#38;oet=99999&#38;mma=0&#38;fml=a&#38;fq=Monthly&#38;fam=avg&#38;fgst=lin&#38;transformation=lin&#38;vintage_date=2012-01-01&#38;revision_date=2012-01-01" medium="image">
			<media:title type="html">FRED Graph</media:title>
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		<item>
		<title>When government becomes the largest actor in the economy</title>
		<link>http://guidoromero.wordpress.com/2011/12/23/when-government-becomes-the-largest-actor-in-the-economy-2/</link>
		<comments>http://guidoromero.wordpress.com/2011/12/23/when-government-becomes-the-largest-actor-in-the-economy-2/#comments</comments>
		<pubDate>Fri, 23 Dec 2011 17:36:43 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[fascism]]></category>
		<category><![CDATA[government as the largest actor in the economy]]></category>
		<category><![CDATA[inflation]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3604</guid>
		<description><![CDATA[That is &#8220;when&#8221; not &#8220;if&#8221;. Some thoughtful soul put online a diagram to illustrate the interconnectedness of government and big business. http://www.techdirt.com/articles/20111221/17561617164/mapping-out-revolving-door-between-govt-big-business-venn-diagrams.shtml If this diagram shocks you, you have not been paying attention. By and large, people are happy to present a cynical stance vis-a-vis government. In truth, few can identify the processes by which [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3604&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2011/12/23/when-government-becomes-the-largest-actor-in-the-economy-2/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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			<media:title type="html">guidoamm</media:title>
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		<media:content url="http://research.stlouisfed.org/fred2/data/GFDEBTN_Max_630_378.png" medium="image">
			<media:title type="html">Graph of Federal Government Debt: Total Public Debt</media:title>
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		<media:content url="http://research.stlouisfed.org/fred2/data/GDPC1_Max_630_378.png" medium="image">
			<media:title type="html">Graph of Real Gross Domestic Product, 1 Decimal</media:title>
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		<item>
		<title>And now for a bit of a tangential diversion&#8230; (The EU behemoth)</title>
		<link>http://guidoromero.wordpress.com/2011/12/08/and-now-for-a-bit-of-a-tangential-diversion-the-eu-behemoth/</link>
		<comments>http://guidoromero.wordpress.com/2011/12/08/and-now-for-a-bit-of-a-tangential-diversion-the-eu-behemoth/#comments</comments>
		<pubDate>Thu, 08 Dec 2011 16:57:28 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: miscellaneous & amusing]]></category>
		<category><![CDATA[european union]]></category>
		<category><![CDATA[letter of complaint]]></category>
		<category><![CDATA[visa application]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3599</guid>
		<description><![CDATA[My wife and I had not traveled together in quite a long time. What with the wedding and the birth of our daughter, we just did not have the time or the possibility to travel together. But now that we are both well adjusted to our new routine, a friend invited us to spend a [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3599&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2011/12/08/and-now-for-a-bit-of-a-tangential-diversion-the-eu-behemoth/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		<georss:point>31.949381 35.932911</georss:point>
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			<media:title type="html">guidoamm</media:title>
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		<title>The inevitability of the diminishing marginal utility of debt&#8230; part II</title>
		<link>http://guidoromero.wordpress.com/2011/12/04/the-inevitability-of-diminishing-marginal-utility-of-debt-part-ii/</link>
		<comments>http://guidoromero.wordpress.com/2011/12/04/the-inevitability-of-diminishing-marginal-utility-of-debt-part-ii/#comments</comments>
		<pubDate>Sun, 04 Dec 2011 10:43:07 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[portugal]]></category>
		<category><![CDATA[raiding pensions]]></category>
		<category><![CDATA[sovereign default]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3591</guid>
		<description><![CDATA[The social promises that activists, unions and individuals thought had been won over the past 40 years are being blown out of the water for the expedient political stratagems they were. http://www.telegraph.co.uk/finance/financialcrisis/8932687/Portugal-raids-pension-funds-to-meet-deficit-targets.html A debt based fiat monetary system (DBFM) can only work provided credit markets can be expanded. There can only be three conditions for [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3591&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2011/12/04/the-inevitability-of-diminishing-marginal-utility-of-debt-part-ii/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
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		<media:content url="" medium="image">
			<media:title type="html">guidoamm</media:title>
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		<item>
		<title>The inevitability of the diminishing marginal utility of debt</title>
		<link>http://guidoromero.wordpress.com/2011/12/03/the-inevitability-of-the-diminishing-marginal-utility-of-debt/</link>
		<comments>http://guidoromero.wordpress.com/2011/12/03/the-inevitability-of-the-diminishing-marginal-utility-of-debt/#comments</comments>
		<pubDate>Sat, 03 Dec 2011 05:28:29 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[debt saturation]]></category>
		<category><![CDATA[diminishing marginal utility of debt]]></category>
		<category><![CDATA[kyle bass]]></category>
		<category><![CDATA[war]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3589</guid>
		<description><![CDATA[&#8230; and the reason we are hurtling towards a conflagration of global proportions. I am a nobody and I can be dismissed as misinformed and sensationalist. So, I&#8217;ll let Kyle Bass do the talking. Via Zero Hedge: http://www.zerohedge.com/news/kyle-bass-explains-new-world-order &#8220;Reiterating how critical the psychology of today&#8217;s situation, Bass goes on to debunk the optimism of globalization [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3589&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2011/12/03/the-inevitability-of-the-diminishing-marginal-utility-of-debt/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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			<media:title type="html">guidoamm</media:title>
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		<title>Tic-toc&#8230; tic-toc&#8230; to global war</title>
		<link>http://guidoromero.wordpress.com/2011/11/28/tic-toc-tic-toc-to-global-war/</link>
		<comments>http://guidoromero.wordpress.com/2011/11/28/tic-toc-tic-toc-to-global-war/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 06:13:57 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[criminal intent]]></category>
		<category><![CDATA[foreign office]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[strife in europe]]></category>
		<category><![CDATA[white collar crime]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3584</guid>
		<description><![CDATA[I have been trying to find an analogy that would adequately illustrate what it feels like to watch the development of an event all the while being helpless to do anything about it. Try as I may, the only image that comes to mind is that of the 1937 newscaster that witnessed the destruction of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3584&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2011/11/28/tic-toc-tic-toc-to-global-war/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
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			<media:title type="html">guidoamm</media:title>
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		<title>Sound money by Bill Frezza (Forbes op-ed)</title>
		<link>http://guidoromero.wordpress.com/2011/11/16/sound-money-by-bill-frezza-forbes-op-ed/</link>
		<comments>http://guidoromero.wordpress.com/2011/11/16/sound-money-by-bill-frezza-forbes-op-ed/#comments</comments>
		<pubDate>Wed, 16 Nov 2011 06:08:21 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[bastiat]]></category>
		<category><![CDATA[bill frezza]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[nature of money]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3574</guid>
		<description><![CDATA[In the recent past, Forbes has surprisingly and boldly gone where few, if any, main stream publications have gone or will go. Granted, it is only an op-ed as, in the recent past, it was always third party contributions making similar points rather than Forbes actually picking up standing behind the ideas and arguments being [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3574&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2011/11/16/sound-money-by-bill-frezza-forbes-op-ed/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
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		<media:content url="" medium="image">
			<media:title type="html">guidoamm</media:title>
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		<item>
		<title>A bit of this and a bit of that but it all ties in&#8230;</title>
		<link>http://guidoromero.wordpress.com/2011/11/11/a-bit-of-this-and-a-bit-of-that-but-it-all-ties-in/</link>
		<comments>http://guidoromero.wordpress.com/2011/11/11/a-bit-of-this-and-a-bit-of-that-but-it-all-ties-in/#comments</comments>
		<pubDate>Fri, 11 Nov 2011 10:36:09 +0000</pubDate>
		<dc:creator>guidoamm</dc:creator>
				<category><![CDATA[Current events: economics & politics]]></category>
		<category><![CDATA[devastation of fish stocks]]></category>
		<category><![CDATA[Trawling]]></category>

		<guid isPermaLink="false">http://guidoromero.wordpress.com/?p=3568</guid>
		<description><![CDATA[Everything in this post has already been dealt with in these pages in the past, but a BBC article this week once again drove home the absurdity of our economic and political systems and the hypocrisy and expediency permeating the establishment from politicians to scientists and experts. Then, a string of other press articles and [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=guidoromero.wordpress.com&amp;blog=6433533&amp;post=3568&amp;subd=guidoromero&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://guidoromero.wordpress.com/2011/11/11/a-bit-of-this-and-a-bit-of-that-but-it-all-ties-in/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
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