Interest Rates Rise Again as Treasury Auction Comes Up Short
On Wednesday, the Treasury bonds auction was so weak that 20-year and 30-year yields continued to rise as investors expect a rising wave of mounting federal deficits and debt.
On Wednesday, the Treasury bonds auction was so weak that 20-year and 30-year yields continued to rise as investors expect a rising wave of mounting federal deficits and debt.
Progressives have repeated the Malthus theme of overpopulation for six decades. However, the real demographic problem facing modern industrial nations has been the dearth of population growth fueled by an inflation culture.
President Trump has made a lot of noise in the business community in the first few months of his administration. Unfortunately, his actions and rhetoric have created a lot of uncertainty in the economy, threatening capital development.
The reaction to Biden’s cancer announcement reveals how little trust the public has in the people who spent years claiming that Biden’s mental decline was fabricated by right-wing propagandists. That lack of trust is well deserved.
The usual suspects from the American and European elites are claiming that Spain‘s recent blackout was the result of unusual weather conditions. In truth, Spain‘s dependence upon renewable energy was to blame.
Economists have said that a higher education degree is a form of “signaling” by the person holding the diploma. Thanks to government attempts to make higher education readily available, the value of a college degree has been severely degraded.
The reaction to Biden’s cancer announcement reveals how little trust the public has in the people who spent years claiming that Biden’s mental decline was fabricated by right-wing propagandists. That lack of trust is well deserved.
President Trump has invoked the ancient fallacies of mercantilism in fashioning his protectionist trade policies. We will find that mercantilism is just as harmful today than it was hundreds of years ago when it first became Britain‘s national policy.
Robert Kennedy‘s Make America Healthy Again (MAHA) crusade is being promoted as a government-led effort to eliminate health hazards in food and medicine. However, MAHA depends upon government overreach, which ultimately will undermine any good MAHA does.
Academic scholars tend to use Marxian terms when pointing out what they see as conditions of “oppression,” believing that race and class determine outcomes. However, the real world is not so abstract and things often are not what Marxists believe to be true.