“The love of money is the root of all evil” since biblical times can be explained today by the fact that the love of money is the love of power which money confers to the rich. Today, that power is being abused through corruption at all levels of society.
The money which is conferring the power is actually fake money, not real money. Real money is created with the production of real goods and is therefore limited. Fake money is limitless, created by central banks “out of thin air” in a fiat currency system to finance government deficits. Deficits do not matter with fake “modern money”, until they matter eventually in economic collapse.
Randomized controlled trials (RCTs) are considered the “gold standard” in clinical medicine. Perhaps for this reason, health authorities all over the world have assumed the universal validity of RCTs and have not recognized that RCT results may not be valid everywhere or for the epidemiology of infectious diseases. Using the Pfizer-BioNTech vaccine trial as a case study, we illustrate the limitations of the RCT and show that the results may be inappropriate for COVID-19 epidemiology. This critique explains why health authorities have not recognized that the vaccines have failed to stem the growth of the COVID-19 pandemic. This insight has also broader implications for the global pharmaceutical industry. Continue reading →
The vaccine efficacy measure relevant for COVID-19 epidemiology, should be based on real-world data, not on clinical data which have data selection biases indicated in this paper. Recent United Kingdom data suggest that age-dependent asymptomatic breakthrough cases and natural immunity of the unvaccinated, may have led to negative vaccine efficacy where vaccinated infectivity is higher than unvaccinated infectivity among major age groups. The phenomenon of relative risk enhancement of vaccines among certain cohorts suggests diminishing effectiveness of the vaccination strategy for the COVID-19 pandemic.
The epidemiological impact of increased vaccination on COVID-19 pandemic is investigated by a study of the long-term cross-sectional correlation of 98 countries using the database of Our World in Data. Higher percentages of fully vaccinated population are found in 94 countries to be associated with higher increases in infections in 2021 relative to 2020.
Previous blog posts on modern monetary theory (MMT) and helicopter money have led to the following interview with John Adams and Martin North of Digital FinanceAnalytics, shown on the YouTube channel In The Interests of The People: