The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.
Que el hombre actúe y que el futuro sea incierto no son en absoluto dos cuestiones independientes. Son sólo dos modos diferentes de establecer una cosa.
For many years, conservatives have held the FBI as being nearly infallible. It is time to rethink this devotion to a federal agency that pursues its own political agendas.
Ukraine should have been a middle-income country by now. Instead, it is one of the poorest in Europe. If Ukraine joined the EU, it would be the poorest country and well below even Bulgaria.
The usual "experts" claim inflation is a general increase in the price level. Wrong. Prices rise because of inflation, which is a government-caused increase in the amount of money in circulation.
«Bajo el socialismo la producción está enteramente dirigida por las órdenes de la junta central. Toda la nación es un 'ejército industrial' y cada ciudadano está obligado a obedecer las órdenes de su superior».
"Under socialism production is entirely directed by the orders of the central board. The whole nation is an 'industrial army' and each citizen is bound to obey his superior's orders."
