The Chinese Slowdown: Much More Than Covid
It is easy to blame the covid-19 lockdowns for the weakening Chinese economy, but that would be a gross simplification.
It is easy to blame the covid-19 lockdowns for the weakening Chinese economy, but that would be a gross simplification.
Typical economic commentary claims that deflation is a Very Bad Thing. Think again.
The Fed has announced it will finally begin scaling back its balance sheet and raising rates. But the steps announced by the Fed on Wednesday are incredibly timid.
Economic growth depends upon human capital development, which depends upon things like cultural views toward work and just plain showing up on time.
France is seeing its wealth-to-income levels rise to Japan's level because it is becoming harder for people to save and build wealth.
The partisan leftism of much of the tech industry has led to conservatives calling for state intervention in the digital sphere. Elon Musk's recent purchase of Twitter proves this was wrong.
Proponents of arming Ukraine against Russia call critics "isolationists" as a pejorative term. But these "entangling alliances" have a history of sad endings with tragic results.
In the face of the coming hardship, central bankers and globalist institutions are going to demand more power to respond to the crisis they created. Bitcoin gives their political opponents a weapon against them.
Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy.
The SCOTUS decision on abortion isn't really about the legality of abortion in America. It's all about how far you have to drive to get one. But many progressives can't stand that people have different values in different places.