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Gold StandardMoney and Banking
Fed bugs sound like real estate agents in reverse: there is never a good time to buy gold.
U.S. HistoryWar and Foreign Policy
"If [the draft bill] is passed, the House will be shoving down the throats of the American people the despotic concept of 'Theirs not to reason why; Theirs but to do and die.'"
SocialismU.S. HistoryWar and Foreign Policy
Howard Buffet was one of Congress's most consistent and trenchant critics of American policy during the 1940s and 1950s. He opposed communism without surrendering to the calls for global war in Korea and worldwide.
MMT starts to make a little more sense when thinking of it as comparable to money systems used under the USSR and the old Soviet Bloc.
China’s “new infrastructure” will likely be but one more example of the false promise of technology as an antidote to the irrationality of state-controlled economies.
Media and CultureWar and Foreign Policy
Propaganda kills, but it also works. Many of the same tactics employed to destroy opposition to the Iraq War are being used today against opponents of lockdowns.
Booms and Busts
Crashes are fast, like that first hill on a coaster. Recoveries are not, for the simple reason that production is more difficult than destruction.