Money and BanksProtectionism and Free Trade
If the Chinese sell us stuff and then "hoard" the money we pay them, that increases the value of the dollars we continue to hold here in the US, while also leaving us with more stuff to sell elsewhere.
With far too much time and money on their hands, federal prosecutors have now turned private basketball agreements into a matter for federal criminal prosecution.
For example: Nonviable babies who die quickly after birth are recorded as live births in the U.S., but are more likely to be classified as stillbirths in other countries.
Decentralization and SecessionWorld History
In a way, the separation of the Czechs and Slovaks was like Brexit and the UK’s 1980s privatizations combined, only a lot more complicated.
The more aggressive the central bank’s loose monetary stance is the more drainage of real wealth takes place and the less real wealth is left at the disposal of true wealth generators.
Congress has no small part in the endless cycle of debt, spending, and rising bureaucratic power.
Neel Kashkari is urging the Fed’s home office to lighten up on the interest rate hikes already. The President must be pleased.