keynesianism

Stockman: US Entry Into World War I Was A Disaster

"103 years ago, in 1914, the Federal Reserve opened-up for business as the carnage in northern France was getting under way... And it brought to a close the prior magnificent half-century era of liberal internationalism and honest gold-backed money."

McCain As Metaphor

"McCain hails the crusade to 'help make another, better world' – yet the American people don’t want another world, they want to live in this world in peace and security, rather than sacrificing themselves to some imaginary 'duty' to uplift the world on Uncle Sam’s shoulders. That’s one reason why Trump is in the White House and McCain is on the outside looking in."

The Chinese Economy's Fatal Flaws

"...if we dig deeper into the exact situation of Chinese economy, we will find that it’s a typical failing of the Keynesian, cronyist system."

How Much Gold Should The Common Man Own?

"It’s curious that people are worried about gold but not the obvious bubbles that surround them. Media contributes to the ignorance by demonizing gold while praising bubbles."

"May The Bursting Of The Student Loan Bubble Commence!"

"While the collapse of the student loan bubble may be the catalyst for a general financial downturn and will certainly be the cause of tremendous social pain and dislocation, it will, nevertheless, be a necessary prerequisite if America and, for that matter, the Western world is to ever break the grip of leftist ideology which rules it. May the bursting of the student loan bubble commence!"

Ron Paul Warns "Central Bankers Are Always Wrong...Especially Before A Bust"

"...The attitude right now is that Keynesianism and deficit financing and printing money and militarism is the solution but it’s all coming apart... the authoritarians are clinging to power so they can collect the revenues and make sure you’re not getting around the system. That’s what the cashless society is all about..."

The Keynesian Cult Has Failed: "Emergency" Stimulus Is Now Permanent

What do we call a status quo in which "emergency measures" have become permanent props? A failure. The "emergency" responses to the Global Financial Meltdown of 2008-09 are, eight years on, permanent fixtures. Everyone knows what would happen if the deficit spending, money-printing, zero interest rates, shadow banking, asset purchases by central banks and all the rest of the Keynesian Cult's program stopped: the status quo falls apart.

Paul Brodsky's Advice To Investors: "Get Angry"

New heights of consensus-ness have made idiots of thoughtful analysts, investors and allocators. Investors at all levels are being deceived on an epic scale and most of the investor class will suffer. It never pays to bet against nature for too long, which presents a wonderful opportunity for free thinkers.

The Status Quo Is Not Working

The conventional objections to DeGrowth boil down to: it isn't the status quo, so it can't work. Actually, it's the status quo that isn't working.

Ron Paul Urges Congress: Cut, Don't Reform, Taxes

Many Americans who have wrestled with a 1040 form, or who have paid someone to prepare their taxes, no doubt cheered the news that Congress will soon resume working on tax reform. However taxpayers should temper their enthusiasm because, even in the unlikely event tax collection is simplified, tax reform will not reduce the American people’s tax burden.

Chanos Fears Trump's "Unmet Expectations", Warns Investors To "Rethink Almost Everything In Your Life"

"If we’re in one of those periods now, if 2016 is like 1932 or 1979 - then you not only have to change your portfolio, you have to change your lifestyle. That’s one of the things we’ve been telling clients. If this is a major shift to populism, nationalism, greater state involvement, and less globalism, then you really have to rethink almost everything in your life."