After Secession, What Happens to the National Debt?
What happens to the debts depends not only on negotiations between the successor states, but also on…
Continue readingWhat happens to the debts depends not only on negotiations between the successor states, but also on…
Continue readingUltimately, it’s all just more tinkering, and what the Fed should be doing is…
Continue readingYellen wants to keep the word “recession” out of the headlines, but if wages continue to fall behind inflation, and if…
Continue readingNationalism still appears to have a lot of life left in it…
Continue readingThe Biden Administration and the Fed are likely to keep touting the job numbers with increasing desperation in an effort to convince people that the economy…
Continue readingReal deflation, both monetary inflation and price inflation, is necessary, and that can only be accomplished if…
Continue readingIf the Fed continues as it’s going, we’ll need to get used to declining real wages and…
Continue readingIt’s all just one more way that the cost of living for ordinary Americans is…
Continue readingIt’s important for central bankers to sound hawkish, even if their actual policy moves are extremely…
Continue readingInflation is so high in America that we’re now supposed to believe that inflation is “moderating” if it doesn’t go above 8.5 percent. That, at least, was…
Continue readingTo get a sense of how far behind the curve the Fed is on this, we can look at…
Continue readingIn modern times, deals like the Disney deal are just corporate welfare schemes in the form of…
Continue readingWe should expect Washington to respond with hostility to other states doing exactly what the US does…
Continue readingNow we’re at the stage of indulging in a blame game…
Continue readingThe White House thinks it’s fine to shrug and say, “Hey, food shortages are just the price you little people gotta pay!”…
Continue readingIt is becoming increasingly apparent that isolating Russia and totally cutting it off from the global economy is not going to be easy…
Continue readingThe Democrats, since they are assumed to be “in power”, will need some sort of scapegoat for inflation, since it continues to…
Continue readingPerhaps the most important first step is to stop deluding ourselves about the US being some sort of uniquely virtuous nation that would never, ever stoop to…
Continue readingThe fact that a US regulatory agency can unilaterally end imports from Mexico, coupled with the fact that…
Continue readingIt’s hard to imagine the Fed’s dovish faux hawkism will amount to something that can do anything to rein in inflation much, unless, of course, the Fed…
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