And Now for a Really Bad Response to Political Calamity
Geopolitics, inflation and risks of supply shortages have made politicians dust off some of the worst economic ideas in history…
Continue readingGeopolitics, inflation and risks of supply shortages have made politicians dust off some of the worst economic ideas in history…
Continue readingThey try to convince us every day that inflation is caused by numerous factors, not by currency printing…
Continue readingThe economic recovery has been slow and unemployment reduction is even slower…
Continue readingA recovery from a massive crisis is not “growth”…
Continue readingThe Federal Reserve is aware of the “bubble of everything” created in recent years and the elevated levels of debt throughout the economy. Unfortunately, the Fed has already…
Continue readingNo US citizen should be happy about plummeting real wages and stagnant labor participation in the middle of a strong recovery and…
Continue readingThe Federal Reserve gave the most dovish “hawkish” statement ever, an apparent aggressive tapering that, in reality…
Continue readingThose who say that the state can always “create money and spend it” should be obliged to receive their salaries in…
Continue readingThe United States economy is living on borrowed time…
Continue readingWe are suffering from the combination of misguided energy policies, excessive money creation and ill-timed…
Continue readingWhat is the worst thing a government can do when there is high inflation and supply shortages?
Continue readingNo economy has been able to ignore a property bubble and even less so offset it and continue to…
Continue readingNo government looking to massively expand its size in the economy and monetize a soaring deficit is going to act against rising prices, despite claiming…
Continue readingThe problem with Evergrande is that it is not an anecdote, but a symptom of…
Continue readingRecent data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history…
Continue readingSThus, since the breakdown of the gold standard, financial crises are more frequent but also shorter than before….
Continue readingThe diminishing effect of the stimulus is not just staggering, but the increasingly short impact of these programs is alarming…
Continue readingCentral banks have chosen low bond yields at any cost, despite all the evidence of stagnation ahead. This creates enormous…
Continue readingThe jobs recovery is extremely poor, especially if we consider the size of the monetary and fiscal stimulus and the…
Continue readingCheap money, increased public intervention, and massive stimulus plans have not worked as…
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