Government, the Centralizing Mindset, and the Idiots in Charge
“Buy into a business that’s doing so well an idiot could run it, because sooner or later, one will.”
—Warren Buffett
The West’s Russia Sanctions Show Why States Want to Weaponize the Financial System
In the past month, Western nations have allied to wage an economic and technological war against the Russian government and key Russian institutions.
If Genghis Khan Can Get Fair Treatment from Historians, Why Can’t Thomas Jefferson?
By now it should become obvious to observers that the decision to cancel historical figures in the West is driven by anti-white animus. The legacies of historical figures like Christopher Columbus and Thomas Jefferson can’t be discussed without activists arguing that they were problematic characters. Such figures are not judged as products of their time but rather as villains who are unworthy of forgiveness. Neither are we allowed to appreciate the achievements of personalities tainted as villains by woke activists.
Raise Rates to Fight Inflation?
The Fed has finally raised its benchmark interest rate in order to fight (price) inflation.
If this strategy makes sense, it’s reasonable to ask: Are low interest rates the cause of currency debasement?
Russia Isn’t Nearly as Isolated as Washington Wants You to Believe
Some US policymakers and pundits are declaring that Russia—and its population—are cut off from the rest of the world.
The Legacy of Angela Merkel: Kicking the Can Down the Road
Russian Weakness and the Russian “Threat” to the West
Inflation: Who or What Is the Culprit?
And if Russia Defaults?
This Wednesday, Federal Reserve Chair Jerome Powell will address the world to likely announce the raising of interest rates. With the first rate hike in several years and the promise to reduce the balance sheet later this year, the stage for 2022 will be set. Also tomorrow, per CNN:
…Moscow needs to hand over $117 million in interest payments on dollar-denominated government bonds…
Russia owes foreign creditors in US Dollars, yet at the same time: