Viewing the importance of money through this lens of freedom and impact on the future, we could easily see that those with truly the most to lose were largely not present at the workshop. The young adults – whose lives will be impacted the most gravely should the economic stranglehold ensue – will not make their financial decisions freely according to their own obligations, their own goals, and their own dreams.
Money’s Grim Future Continue Reading
Given the poor evidence underlying pandemic cost and financing estimates, it is prudent not to rush into new pandemic initiatives until underlying assumptions and broad claims of a return on investment are properly assessed. These must be based on robust evidence, recognized need, and realistic measures of risk. WHO Member States will be better served by having transparent estimates that reflect reality and risk before they engage in such an uncertain and high-cost endeavour.
The True Costs of Pandemic Prevention and Response Continue Reading
It should be evident by now that the “strong” economy of the last several years was nothing of the kind. To the contrary, the Keynesian GDP accounts were actually inflated by deferred spending runoffs that flowed from the utterly abnormal buildup of household cash during Washington’s pandemic lockdowns and stimmy extravaganza.
Strong Economy? Think Again Continue Reading
If you ever had the vague sense that Covid relief funding worked in a manner akin to US aid packages in failed Middle Eastern dictatorships, your instincts weren’t wrong.
The Predictable Wastes of Covid Relief Continue Reading
In today’s polarized political environment, the left continues to worry about unbridled capitalism while the right is forever on the lookout for the enemy of full-blown socialism. Each side has reduced fascistic corporatism to a historical problem on the level of witch burning, fully conquered but useful as a historical reference to form a contemporary insult against the other side.
The Machinery of Fascism Revisited Continue Reading
As long as we have a central bank the rich will get richer, and the poor will get inflation. With the Fed eyeing a repeat of the 2022 inflation, America’s rich should get ready for another big payday. And everybody else can get ready for the fallout.
The Rich Get Richer: Thank the Fed Continue Reading
This is the book that had to be written. It is a story of a missed opportunity to change the world, a tragic tale of subversion and betrayal. But it is also a hopeful story of efforts we can make to ensure that the hijacking of Bitcoin is not the final chapter. There is still the chance for this great innovation to liberate the world but the path from here to there turns out to be more circuitous than any of us ever imagined.
What Happened to Bitcoin? Continue Reading
The New York Times has published a strange article by Justin Wolfers, an economist at the University of Michigan. The headline is that his economist brain makes him say with regard to inflation: “Don’t worry, be happy.” The article gives the reader as much reason to trust economists as you do epidemiologists, which is to say not at all.
Is Inflation Harmless? Continue Reading
Every fiscal trend is in the wrong direction. We’re already at $2 trillion deficit, it will soar by trillions when recession hits. And it will keep churning with social security, Medicare, and spending on everything from illegal immigrants to fresh wars. At this point there is nothing standing between us and fiscal collapse. The only question is when.
Fiscal Collapse Accelerates Continue Reading
Research into the economic cost of many of our Covid policies and mandates is still ongoing, but a new, extremely detailed report on school closures has created a horrifying context for just how damaging Anthony Fauci’s advocacy was during the pandemic.
New Report Details Horrifying Cost of Fauci’s Failures Continue Reading
The unholy alliance between Big Pharma and the FDA and Federal Government is truly breathtaking to behold. Unfortunately, its nature is so arcane and obscure that only a few notice this, other than those who benefit from it and keep their lips shut. To unpack this we must explore a few separate but interrelated issues.
Patents, Pharma, Government: The Unholy Alliance Continue Reading
In case you’ve still got money in a bank, Bloomberg is warning that defaults in commercial real estate loans could “topple” hundreds of US banks.
The Meltdown of Commercial Real Estate Continue Reading
