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As tens of thousands of trucks began entering the capital with millions of supporters behind them, the “brave” Canadian prime minister had fled the city and shuffled off to an undisclosed location.
War and Foreign Policy
The saddest part of this whole manufactured crisis is that it should make absolutely no difference to us whether Russia controls Ukraine. How is that a threat to the United States?
Bureaucracy and Regulation
Like new money, knowledge spreads unevenly through the economy in a kind of Cantillon effect. Here's what that means for different market actors
Money and Banks
"I get the impression that these people … believe the threat of inflation pales in comparison to climate change and racial inequities."
If a politician has no clue about what causes price inflation, she probably isn't going to have any idea about how to fix the problem.
A general decline in prices is good news for wealth generators, since deflation means the economy is cleaning out its bubble-fueled, wealth-destroying activities.
The Federal Reserve is aware of the “bubble of everything” created in recent years and the elevated levels of debt throughout the economy. But any tightening is likely to trigger a recession.
Academia not only generated this cultural revolution but was the site first ravaged by it. Higher education is long gone, and Peterson’s retirement from it is somewhat anticlimactic.