A rate cut would only create a larger problem in the future. If the already dangerous corporate and sovereign debt bubble grows significantly more, no monetary policy will prevent a debt crisis.
Bureaucracy and Regulation
The Canadian government wants to force doctors to assist patients with euthanasia. But doctors should be free to refuse service to anyone, and refusal doesn't mean doctors are "blocking access" to healthcare or anything else.
Many cultural conservatives increasingly succumb to the temptation to call on the state to solve our problems, and to punish our leftist adversaries. But they're making a big mistake.
World HistoryPhilosophy and Methodology
John Locke was ridiculed for suggesting that people "consent" to their government by not emigrating. Hume suggested this theory could be used to claim consent for even the most outrageous tyrants.
Legal SystemU.S. History
Victories against the drug war have all come first at the local level, and only then does the national government slowly back off its drive to dictate to Americans what they can eat or smoke.
Decentralization and SecessionHealth
The FedMoney and BanksMoney and Banking
"Digital cash" is the latest terrible idea from those who want to give central banks more power to meddle in the economy.