Argentina Votes for More Inflation, Spending, and Economic Instability
Alberto Fernández and Cristina Fernández de Kirchner’s victory on October 27, 2019, has raised many questions about Argentina’s economic future.
Alberto Fernández and Cristina Fernández de Kirchner’s victory on October 27, 2019, has raised many questions about Argentina’s economic future.
Since President Donald Trump won in 2016, people were led to believe that the Trump administration would be one of the most pro-gun administrations ever . However, a bump stock ban courtesy of the ATF and the passage of Fix-NICS legislation has disappointed gun owners who believed Trump would make at least some marginal pro-gun reforms.
The newfound openness of large numbers of Americans to socialism is, by now, a well-documented phenomenon. According to a Gallup poll from earlier this year, 43% of Americans now believe that some form of socialism would be a good thing, in contrast to 51% who are still against it. A Harris poll found that four in ten Americans prefer socialism to capitalism.
Recently, the Treasury Department reported a 26% increase in the federal budget deficit with a 2019 deficit of $984 billion. The reported data on the budget can be misleading. You might think that a budget deficit is the amount of spending that exceeds budget revenue, in other words, the amount of borrowing needed to make up for this shortfall.
Jeff Deist: Professor Bylund, you grew up in Sweden. What stands out from your childhood?
PER BYLUND: I grew up in a suburb of Stockholm, separated from Stockholm by just a lot of nature. It’s close enough to be part of the Stockholm metropolitan area, but far enough away from it to be on its own.
The crypto phenomenon is global. Public blockchain networks are neither controlled by any state nor by companies. Rather, they connect the most diverse people across national borders.