Democracy Is a Scam
The Deep State, along with its hangers-on, profiteers, and enablers, has goals of its own. It wants more power and wealth for itself.
The Dollar and Democracy Are Frauds
The money system is doomed. Today’s dollar is fake, with no firm connection to the real world of time, resources, and output.
All Major Economies Are Caught in an Inflate-or-Die Trap
What went around Zimbabwe, Argentina, and Venezuela will be coming soon to an economy near you.
Trump Encourages Spending Ahead of Next Election
The once-in-a-lifetime opportunity is for the boneheads at the Fed to enable the boneheads in the White House and Congress to spend more money
Inflate-or-Die Traps Will Show up in Almost Every Economy
‘What happened?’ asked a friend. We tried to make the story interesting. ‘We were in a market in Riyadh, and when I reached for a kumquat to see if it … Read More
Violence Can Make or Break Civilised Society
There is always some grey area between violence and persuasion. But that is for others to figure out.
The US Economy Is Just Waiting to Crash
Today, we wonder when what went around to Zimbabwe and Venezuela will come around to the United States of America.
Markets Revert to the Mean Eventually
‘Nobody knows anything,’ may be Gospel Truth. But it doesn’t tell you what movie to watch or what stock to buy.
Monetary Policy Won’t Preserve Economic Expansion
In the next rescue, 2009-2019, debt rose even more. Worldwide, it more than doubled, growing five times faster than GDP.
The Internet Age Distorted the Meaning of Wealth
An economy is a natural thing, evolved, not designed. It responds to billions of inputs…past, present, and future
History Shows That as Trade Zones Shrink, So Does Their Wealth
Under the Roman Empire, there was a great expansion of trade, technology, and wealth.
A National Living Wage Is Absurd
The do-gooders want to use other people’s money to raise the wages of the least well-paid, but they make no mention of their own wages.
Since the Turn of the Century, Government Corruption Has Become More Flagrant
Politics in the US have become meaner and more corrupt as the empire ages.
‘Free’ Money Destroys the US Financial System
Our beat is money. And in today’s money world, truth is rare; beauty can be found only in irony and mockery.
China Isn’t Ready to Be the World’s Leading Economy
‘China’s got a big advantage,’ began a friend after dinner. ‘It doesn’t have elections every four years.