The central bank has basically destroyed the business of risk, and commercial real estate remains a looming disaster. As a result, banks aren't lending to regular people. The economy increasingly relies on little more than newly printed money.
It seems that governments want to convince us that they have saved the world when the reality is that the misguided lockdowns were the cause of the economic debacle and lifting them is the main cause of the recovery.
Medium of exchange and store of value are very different products.
The evidence suggests that monarchies—especially small ones—are more peaceful, stable, and protective of private property than their republican neighbors.
Now that the average American voter is barely paying attention—and that the US is facing an economic crisis and weak recovery—it has become politically expedient to move further toward wrapping up a couple more lost wars.
We must act now! It's better to do something than nothing! This has never happened before! The experts will show us the way! From the great depression to the crises of today, we hear these claims over and over again.
Jason Stanley's book on fascism is a jumbled mess which seems primarily to exist for the purpose of smearing everything Stanley doesn't like with the label of "fascism."
The current political trend is toward corporate-state monopolization over all aspects of life, with increasing control by approved "private" principals over information and opinion, economic production, and the political sphere.
The political climate that fostered panic and lockdowns a year ago is now changing. Legislatures are turning against governors and the public is no longer hysterical with fear. Politicians aren't sure what to do.
From gun control to abortion, gridlock and polarization in Washington forces policymakers to look to state and local governments as the centers of political reform.
