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Booms and BustsInflation
Americans think hyperinflation can't happen here. Yet government spending and money creation are out of control, and it will not take much to trigger massive price hikes.
Modern monetary theory assured us that printing money wouldn't create an inflation problem. Oddly enough, we don't seem to hear much from the MMTers anymore.
U.S. EconomyU.S. History
The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed.
The US Supreme Court has heard arguments for and against affirmative action in higher education admissions. Government needs to get out of the racial discrimination business altogether.
Financial MarketsWar and Foreign Policy
The Ponzi game known as selling US government debt is nearing its end. The seller is running out of suckers.
Big GovernmentBureaucracy and RegulationCronyism and CorporatismProgressivism
As inflation advances and the economy slowly implodes, we also learn valuable lessons.
What if the parallel communities we seek to build already exist in some form and our task is to identify and coalesce around those existing “nations within nations”?
Money and Banks
Why is an inversion of the yield curve is indicative of a recession? It stems in part from the fact that both recessions and yield curve inversion follow sizable slowing in monetary inflation.