“This Is Basically Clown World,” Jeff Deist Talks Negative Interest Rates on RT
Jeff Deist joins Rick Sanchez to weigh in on the European Central Bank’s introduction of negative interest rates and why it signals a global recess
Power & Market
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European Central Bank Doubles Down on Ultra-Easy Money
The ECB has surrendered and is turning toward even more aggressive easy-money policy as the euro economy slows. Meanwhile, President Trump attempted to use the move to put additional pressure on the Fed to ratchet up its own QE plans.
America After 9/11: The Terrorists Won
In the wake of 9/11 the feds themselves got what they'd always wanted: More taxpayer money. More power. More untrammeled authority to imprison, spy, tax, search, and control.
Modi’s Policy of Higher Taxes, Spending, and Inflation Make India a Growing Risk in Emerging Markets
India’s economy had an annual growth of 5.0 percent in the April-June quarter, the slowest in more than six years dragged down by weak consumer dem
Trump Pauses the Government’s War Against Incandescent Lightbulbs
As far as the state is concerned, when it comes to "protecting" the environment, anything goes! Including outlawing entire industries with a huge market following.
The Economic Theory of Costs Now in Paperback
A recent collection of new research in Austrian economics is now available in paperback at a reduced price.
The National Debt Is Now More than Ten Times Annual Tax Receipts
If we compare the federal government's debt load to its income (i.e., tax receipts) the debt load is bigger than its ever been.
Democrats and Republicans Team Up to Send Federal Spending to New All-Time Highs
Spending has gone up relentlessly since Republicans gained control of both the White House in Congress in 2016. The Democratic takeover of the House has, not surprisingly, done nothing to stop the spending juggernaut.
Why Property Rights Are Indispensable
The reason property rights have to be in place is scarcity. If the world was a utopia without any scarcity, private property would not be necessary.
Forget the Russians: It’s the Federal Reserve Seeking to Meddle in Our Elections
Last week, the facade of Federal Reserve “independence” was dealt a severe blow. Ironically, the person who broadcast to the world that the Fed is anything but “independent” was ex-New York Fed President Bill Dudley.
