Economists are saying there will be a spike in inflation. There might be much more than that. Be prepared.

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Economists are saying there will be a spike in inflation. There might be much more than that. Be prepared.
by futurist Richard Worzel, C.F.A. The US has an out-of-control epidemic on its hands as the Covid-19 virus has been allowed to race through the population through deliberate ignorance, sloppiness, and negligence. The US should go back into lock-down to try to get the virus under control – but I’m pretty sure it won’t because […] Read more
by futurist Richard Worzel, C.F.A. “If you hold a cat by the tail, you will learn things you cannot learn any other way.” – Mark Twain “Mommy! Make it didn’t happen!” – Little kids and immature adults everywhere The Covid-19 pandemic has created what amounts to a global intelligence test. […] Read more
by futurist Richard Worzel, C.F.A. “What’s often missing from [the story of the 1347 European pandemic] is the wider context and the lasting impact of the Black Death. This is a story not only of unfathomable tragedy, but also of transformation and rebirth. The plague, in combination with a host of other related and overlapping […] Read more
by futurist Richard Worzel, C.F.A. “Government ‘help’ to business is just as disastrous as government persecution… the only way a government can be of service to national prosperity is by keeping its hands off.” – Ayn Rand “Government isn’t the solution to your problems. Government is the problem” – attributed to Ronald Reagan “What stands […] Read more
by futurist Richard Worzel, C.F.A. “There is no room for wishful thinking when dealing with pandemics. The right mindset is to prepare for the worst-case scenario.”[1] – Dr. Joanne Liu, former international president of Médecins Sans Frontières In 1970, Penn Central Transportation Company was not just the largest railroad company in the United States, it […] Read more
by futurist Richard Worzel, C.F.A. By now, tons of business people have realized that the Covid-19 pandemic is going to do major damage to their businesses, and are feverishly pondering ways to keep from going bankrupt. Let me outline what I believe are the dimensions of the problem – how big it is, and some […] Read more
by futurist Richard Worzel, C.F.A. What are stocks worth in the face of the emerging Covid-19 pandemic? Nothing. Zero. Nada. Bupkis, Rien. But how can that be? Just a month ago, stock markets were worth many trillions of dollars. All that value can’t just vanish. Can it? My answer comes from the fundamental principle of the […] Read more
by futurist Richard Worzel, C.F.A. The Covid-19 coronavirus is bad news for everyone, and in many different ways. The biggest, and most important way is that it will kill people, potentially millions of people. How many it will kill is as yet unknowable as we don’t yet know how contagious it is, and how many […] Read more
by futurist Richard Worzel, C.F.A. Imagine you had a rare disease that was going to kill you, but neither your doctor, nor any of the doctors you’ve been referred to or seen, knew anything about it or had ever encountered it. As a result, you would likely die. Unless… Unless an Artificial Intelligence correlated data […] Read more
by futurist Richard Worzel, C.F.A. Suppose that there were no cars today, and we were just about to start building them. Also suppose that both Internal Combustion Engine vehicles (“ICE”) and electric vehicles (“EV”) were both where they are today in terms of development. If you had the power to decide which kind of vehicle […] Read more
by futurist Richard Worzel, C.F.A. If you listen to all the buzz surrounding artificial intelligence, AI is both a promise and a threat. It’s a humble servant and a deadly competitor. It’s going to save the world, and destroy it. It’s not quite all things to all people, but it’s a hell of a lot […] Read more
by futurist Richard Worzel, C.F.A. What follows is a lightly-edited version of a presentation I gave in Chicago for a group of internal auditors earlier this year. If you have any questions about any aspect of it, please contact me at futurist@futuresearch.com. The reason thinking about the future is so difficult is that is is so vast. […] Read more
by futurist Richard Worzel, C.F.A. When we think about the future, we typically think in terms of an evolution: smooth changes that happen gradually over time. Yet, change often comes as a revolution, suddenly, and in discontinuous jumps. I believe that’s what’s happening today with the future of energy. What we are experiencing now, and […] Read more
by futurist Richard Worzel, C.F.A. Would you rather have a piece of protein grown in a vat from bovine stem cells, or a nice, juicy steak from a steer? And would you rather have a tall, frosty glass of cow’s milk, or a tall, frosty glass of oat mylk? Meat and milk are two of […] Read more
by futurist Richard Worzel, C.F.A. What follows is a summary of a presentation I made earlier this year (2019) to a Canadian, non-profit organization dedicated to reducing food waste. This took place in Toronto. Why Worry About Wasted Food? According to the UN’s FAO (Food and Agriculture Organization), global population is going to expand to […] Read more
by futurist Richard Worzel, C.F.A. With all the (valid) concern about the rapid onset of climate change, most people who comment on and study climate change are overlooking what may be the single biggest driver of climate change in the future: human population growth. One of the arguments that I get most frequently from people […] Read more
by futurist Richard Worzel, C.F.A. There’s a crash coming in the video-on-demand (VOD) business, and while we can’t know who’s going to survive, we can assess the landscape and make some guesses. But let’s start by going back and trace the roots of the current market crush, then look at how it’s going to lead […] Read more
by futurist Richard Worzel, C.F.A. Zine is deadheading, which is to say he’s asleep. “Deadheading” is a slang term that means he’s unplugged from the Net, and is not presently conducting multiple online interactions. Sometimes he stays plugged in – or “zup,” which some think means “heads up” while others believe it derives from the […] Read more
The majority of greenhouse gas emissions come from non-residential sources by futurist Kit Worzel These days, everyone is more environmentally aware, and and I’m thankful it is so. The amount of damage done to the environment by human sources is immense, so every step we take to mitigate this is a good one. Recycling, using […] Read more