Power & Market

Berkshire Hathaway's Charlie Munger is now badmouthing bitcoin because some criminals use it. But its rather odd for him to be targeting bitcoin when cash is used by criminals far more than bitcoin. 

The CNN headline news article says it all:

This definition is used by many historians of the state, and by many within the field of political science.

Even if “won,” endless wars like our 20 year assault on Afghanistan would not benefit our actual national interest in the slightest.

Between various tests to determine policy, vague responses, and a general avoidance of answering questions directly, Powell didn't offer much other than a plan for providing perpetual liquidity injections under accommodative monetary conditions.

After police beat up an elderly woman and denied her medical care, the arresting officers proceeded to laugh about her injury, fist bumping and declaring "I love it" as they watched video of the brutal arrest. Now imagine if a private firm did this. 

Believing that Western civilization is not unique is a fashionable sentiment. Today many argue that the West has no distinctive traits.

Advocates for vaccine passports are a bit like abusive husbands. They say they want to be nice to you. But you keep screwing up and refusing to take your vaccines. So now you're forcing them to keep you locked down forever. 

Since January there has been a concerted effort by Democrat leaders, former deep state officials, and America’s most despicable neoconservatives to push the Biden administration to utilize the power of the federal government against the supporters of Donald Trump.

The Fed may have found the way to dismiss concerns about price inflation: the Fed will now deem it "transitory."