Trump’s Inflationist Monetary Policy Favors Wall Street over Main Street
Trump’s current drive for lower interest rates and more easy money is doing little or nothing to help the working-class and ordinary people Trump claims he is helping.
Trump’s current drive for lower interest rates and more easy money is doing little or nothing to help the working-class and ordinary people Trump claims he is helping.
The Green New Deal was proposed in 2019 and became the legislative centerpiece of the Biden administration. Like the first New Deal, it has garnered favorable media coverage, legislative hype, unkept promises, and a dismal track record.
The sun finally is setting on the world order that emerged after World War II, including the Cold War. This is not for lack of trying by US and European politicians, but they cannot stop the entire apparatus from collapsing under its own weight.
There are two ways in which people in a community can coexist. One is by peaceful cooperation, and the other is by taking what others have produced.
Despite its many logical flaws, Marxism remains popular in many academic and political circles. However, Marx‘s Labor Theory of Value still undergirds the entire Marxian structure, and debunking it destroys his entire system.
No matter how much good new anti-woke education policies might do, they fail to deal with the real problem, and that is the existence of “public” education itself.
At this point it's clear it was nothing more than wishful thinking to hope that Trump would be a hard-money guy who would rein in monetary inflation.
President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?
While most of Japan‘s politicians have backed Ukraine in the war with Russia, nonetheless, at least one legislator is willing to see things differently. Suzuki Muneo explains his views in this interview.
Politicians and central bankers assure us that they are diligently “fighting” inflation. Actually, they are fighting inflation the same way that an arsonist fights against the fires he just set. Government is the inflation arsonist.