If you think that price inflation runs at about 1.6%, you have fallen for the BLS’s CPI myth... We have reached a high point in macroeconomic madness. It’s about to get worse...
In 2000, the Fed “crossed the Rubicon,” whereby lowering interest rates did not stimulate economic activity. Instead, the “debt burden” detracted from it...
This collision of reality brought Europe to a logical conclusion. The money that is a consequence of production, and that only has value where there’s production, plainly ran out...
The Fed Emperor’s New Clothes Show is a continuous comedy without laughter. The latest act, the virtual Jackson Hole conference (August 27), was dreadful...
The profit motive is a popular target of progressives and socialists. But the criticisms are often based on misunderstandings of how a market economy based on private property works...
26% of U.S. workers currently saying they have worked entirely from home in recent weeks, while 51% are working entirely from a location outside their home, with one in five reporting a mix of on-site and remote work.
"If people get kicked out, they may end up in overcrowded congregated living facilities or homeless shelters, and that is a potential recipe for a big spread of COVID-19."
“The manufacturing upturn gained further ground in August, adding to indications that the third quarter should see a strong rebound in production from the steep decline suffered in the second quarter."
Claims of morality are a thin cover, a disguise for wealth transfer from ordinary people to the state. The state is now an organisation that leeches on its electors in order to pursue its own separate agenda...
