Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

April 19, 2019


US government’s net worth is now NEGATIVE $75 TRILLION

fromDailyBell:  And that doesn't calculate the negative value of tyranny.
Economic Policy: Statism Versus The Free Market

Four ways that Uncle Sam will respond to its $75 trillion insolvency

fromDailyBell:  1. Ignore the problem, 2. raise taxes, 3. default, 4. continue creating inflation.

The reasons behind the relentless ideological onslaught against free markets

fromAlt-Market:  Whenever disaster strikes economically, free markets are blamed. Whenever something is fixed, even if that fix is a band-aid on a sucking chest wound, government involvement and socialism are applauded.
Economic Policy: Statism Versus The Free Market

How Rachel Maddow turned into Infowars

fromAmericanConservative:  She's still spinning Russiagate conspiracy tales, even as her ratings crash down.
Media Bias on Parade

Massachusetts And New York beginning to see the ugly side of minimum wage hikes

fromForbes:  On December 31st, NYC raised the minimum wage to $15, a 15% increase from the 2018 level, and a 34% hike from 2017. The result? Close to three-quarters of restaurants in New York City have cut labor input.
Economic Policy: Statism Versus The Free Market

The GPS granny nanny

fromEricPetersAuto:  "All of this is due to the Safety Cult, which obsesses about “risk” in the same way that ‘50s McCarythism obsessed about communism."

August 23, 2018


Dear Democrats and Republicans, please keep tearing down your government

fromReason: Respect for the overall government is waning. Good, says J.D. Tuccille.
Politics and Other Official Acts of Corruption

Inflation approaches 1 million percent. The minimum wage will rise 3,500%. This is today's Venezuela

fromLATimes: The nation’s currency — the bolivar — will be devalued, sales taxes increased and minimum wages hiked more than 3,500%, drastic adjustments that President Maduro said he hoped would jump-start the economy.
Economic Policy: Statism Versus The Free Market

Facebook has TRUST ratings for users – but it won’t tell you your score

fromTheSun: In Facebook's world, trust has to do with one's willingness to spread leftwing propaganda under the guise of culling "fake news".
Indoctrination and Censorship       Media Bias on Parade

Walter E Williams: Bad men, good presidents

fromCreators: With the continuing hysteria about Donald Trump's presidency, a few questions come to mind. 
The first: Can a bad man become a good president?
Politics and Other Official Acts of Corruption

John Stossel: Social media trickery

fromCreators: YouTube just added an "information panel" to all my videos about climate change. We at Stossel TV do weekly videos on many controversial topics, but apparently YouTube thinks climate change is special.
Media Bias on Parade

California bill limits drinks offered in kids meals

fromBostonGlobe: More busybodies minding your own business. The bill restricts restaurants to offering only water and unflavored milk with kids meals.
Regulation Nation     Political Correctness and Other Nitwittery

Doug Casey: Why Debt Is Not Money

How you should think about gold. Gold’s main use, contrary to the belief of some, isn’t in jewelry or dentistry—although those uses are important. Its main use has almost always been as money. But gold’s ancillary uses are growing in importance because, given its physical characteristics, it’s a high-tech metal. It’s one of the most resistant to chemical reaction, one of the most ductile, the most malleable  ... MORE

Ed Butowsky: Calculating The True Cost Of Living

It's much higher than we're told/sold.   Over the past decade, we've been told that inflation has been tame -- actually below the target the Federal Reserve would like to see. But if that's true, then why does the average household find it harder and harder to get by? The ugly reality is that the true annual cost of living is far outpacing the       ... MORE

How The Media Is Lying To You About Economic Recovery

from the Daily Bell.    "The missing piece from the economic recovery has finally materialized. Median household income, adjusted for inflation, is now higher than it was before the recession that began at the end of 2007, according to new data published by Sentier Research." –Yahoo So incomes are rising again. Presumably, this is supposed to mean   ... MORE

Ted Cruz Wants To Return To The Gold Standard

by Ralph Benko.      The LA Times’s Pulitzer Prize (for beat reporting) winning Michael Hiltzik recently wrote a column slamming the GOP field in general and one of the two front-runners, Ted Cruz, in particular: The worst idea in the presidential debate: a return to the gold standard. Mr. Hiltzik thereby joins with a lot of usual suspects, like Paul     ... MORE

Stephen Moore: America's $12 Trillion House of Cards

A precarious situation indeed.       What is the price tag for the audacious Obamanomics experiment? How much has it all cost — the bailouts, the debt, the stimulus plans, the printing of cheap money, Obamacare and all the rest? The answer to that question is just shy of $12 trillion. That's the sum of the $8.3 trillion added to the national   ... MORE

Charles Hugh Smith: I Sure Am Glad There's No Inflation

Don't believe your lyin' eyes.       I sure am glad there's no inflation, because these "stable prices" the Federal Reserve keeps jaw-jacking about are putting us in a world of hurt. We are constantly bombarded with two messages about inflation: 1. Inflation is near-zero 2. This worries the Federal Reserve terribly, because stable prices are deflationary  ... MORE

Stephen Moore: Five Myths About Capital Gains Taxes

Hillary's economic wrecking ball.    The late, great Jack Kemp, an architect of the Reagan tax cuts, used to say, "Without capital, capitalism is just another ism." Capital is the plants, the machinery, the computers and trucks that businesses invest in to become productive and efficient providers of goods and services. So it's strange that last       ... MORE

The Federal Reserve: Promises vs Track Record

by Thomas Sowell.  Now that the federal government is playing an ever larger role in the economy, a look at Washington’s track record seems to be long overdue. The release of the Federal Reserve Board’s transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much faith should we put in their prophecies   ... MORE

This Is What An Economy In Free Fall Looks Like

by Rick Moran.      The Russian economy is in free fall as the ruble has lost half it's value during the dizzying slide in oil prices. Last Tuesday, the ruble tumbled 10% - a follow up to Monday's 10% slide.This precipitated panic buying in the stores as Russian consumers, fearing their rubles will only become less valuable in the near term, crowded retail       ... MORE

VIDEO: Chris Rossini - Set Money Free


What every American needs to know about the Federal Reserve.