Notwithstanding the deleterious impact of rate cuts on investment trends, the Wall Street mantra still claims that rate cuts are necessary to prevent the economy from tipping over into recession. But this claim is not supported by the evidence.
Rate Cuts Will Achieve Nothing Continue Reading
We seemed doomed to watch the same old errors unfold before our eyes, in a natural trajectory of folly from money printing to inflation to price controls, just as from universal quarantines to growing ill-health, education losses, and population demoralization.
The Trajectory of Emergency Lands on Price Controls Continue Reading
This article explores the erosion of ownership through click-wrap agreements, the dematerialization of our assets into databases, the rise of Central Bank Digital Currencies, and The Great Taking, which threatens our control over the rest of our non-monetary assets.
You Might Own Nothing Sooner Than You Think Continue Reading
In all, after $6.5 trillion of Fed money-printing during the last 16 years, the Main Street economy has nothing to write home about. And that begs the question as to where all the Fed’s endless monetary largesse actually ended up.
What Did $6.5 Trillion in Money Printing Achieve? Continue Reading
As the economy was crashed, the people clamored for something even better than the multiplication of loaves and fish; they wanted the printing of massive amounts of free money by the government. Nearly every politician pretended to be a messiah.
Throne and Altar: Delusional Messianic Expectations Continue Reading
Surveillance capitalism is a business model based on the unilateral claim of human private experiences as free raw material for translation into behavioral data. The prediction and influencing of behavior, rather than goods and services, is the primary product.
Surveillance Capitalism: You Are the Commodity Continue Reading
Leading corporations employing the surveillance capitalism business model include Google, Amazon, and Facebook. Surveillance capitalism has now fused with the science of psychology, marketing, and algorithmic manipulation of online information that go far beyond the predictions of Huxley and Orwell.
How Big Tech Spawned Surveillance Capitalism Continue Reading
Near-term things will get worse. Conservative Pierre Poilievre is ahead in the polls, but Canada’s government-funded media is doing everything they can to destroy him. That means more inflation, more decline, more mass migration, and rising crime.
Canada’s “Worst Decline in 40 Years” Continue Reading
The lockdowns amounted to the world’s largest and most elaborate economic head-fake in human history. It left the entire world less free and less prosperous. Most official institutions are manufacturing fake data to cover it all up.
Ten Points About Post-Lockdown Economics Continue Reading
Will Debt Sink the American Empire? America is “cruising” into an uncharted sea of federal debt, with a government seemingly incapable of turning it around. In other words, the uniparty has set its course, and there’s no cavalry coming.
Will Debt Sink the American Empire? Continue Reading
Across Europe, under the EU, and in the UK, whether an individual government is “left” or “right,” every single one is so indebted to Brussels, big banks, and major bondholders that it has no policy flexibility.
Anatomy of Money and the State Continue Reading
My base case has been that we’re repeating the 1970s disaster driven by out-of-control government spending and out-of-control Fed money printing. The official numbers are matching that almost to a tee.
Are We Already in Recession? Continue Reading
