In Las Vegas, the city's convention center authority has found new ways to blow money on shiny objects like Elon Musk's death-trap tunnels and NFL events.
The expert class embraced the failed "zero covid" plan early, claiming that covid will be eradicated if only we "lockdown harder." This later morphed into "covid will be eradicated with more vaccines."
The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.
Even with November's small rise, money supply growth is far below the unprecedented highs experienced during the past two years. This points to a weakening economy.
The Federal Reserve now owns $2.6 trillion in mortgages. That means about 24 percent of all outstanding residential mortgages in this whole big country reside in the central bank.
The history of these past two years is that the worst ideas have been adopted by force and anyone questioning those ideas has been suppressed by force.
