Money supply growth fell again in September, dropping to a 37-month low. August’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. During the thirteen months between April 2020 and April 2021, money supply growth in the United States often climbed above 35 percent year over year, well above even the “high” levels experienced from 2009 to 2013. 

The Bureau of Democracy, Human Rights and Labor (a branch within the US State Department) releases annual ‘Human Rights Reports’ on 194 different countries around the globe. Their 2021 report for Ukraine was released in April of this year. Despite its relevance to whether US intervention in the RU-UA war is merited, the report received zero media coverage.

Since the awarding of the Nobel Prize in economics to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig, most of the media interest has, understandably, concentrated on Bernanke.

British school children learn about the Glorious Revolution of 1688 which installed without bloodshed a new bill-of-rights respecting monarchy (William and Mary) on the throne in the place of the autocratic short-reigning King James. The Protestant elites feared his dismantling of restrictions on Catholics and his geo-political rapprochement with France under Louis XIV. They opted for Dutch King William.

Now there is a new lesson: the inglorious coup against PM Liz Truss in office just 7 weeks. 

The battle for political supremacy in the West has been decided. The so-called progressives have won; conservatives and libertarians have lost. The “march through the institutions,” started by the misguided 1968 generation, has been successful, and their children and grandchildren are now at the helm. Eco-socialist, cultural Marxist, in short: bolshewoke ideas prevail in politics and culture, public administration, media, schools, universities, and increasingly even in business. At accelerating speed.

In recent decades, every instance in which the economy contracted two quarters in a row has coincided with a recession. Nonetheless, the Biden Administration and the leadership at the Federal Reserve insist there is no recession now, nor is one even in the works.