Past Pandemics Show The Lockdowns—Not the Virus—Caused Our Economic Chaos
Past experience shows that although pandemics do weaken economic growth, the current economic disaster is the result of forced “lockdowns,” not the virus itself
Tag: Economy
How Government Intervention Triggers Depressions
Thanks to past interventions, the economy is now rife with malinvestments and prices that don’t reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us
The Collapse Will Be Visible: “For Lease” And “Space Available” Signs Are Starting To Go Up All Over America
It is going to be a very dark chapter for our nation.
Fed’s Attempt to Lend $600 Billion Directly to Companies Is A Total Disaster
Middle market “Main Street” program proves to be one of the trickiest projects the Fed has ever taken on
Let’s Hope Deflation Is Headed Our Way
Central banks have decided that one of their main missions is to prevent deflation. But this only ends up causing the malinvestments that lead to economic busts
How Modern Economics Has Lost Its Way: It’s All About the “Unseen”
The difference between modern economics and proper economic thinking lies in taking the step that comes after arriving at the “unseen,” to the “unrealized”
Huge Percentage of Americans Won’t Buy Products From China
“It’s not quite a new Cold War yet”
Tesla Registrations Plunge 64% In China
Elon Musk trying to spur orders at a time when new competition is emerging
68% Of Unemployed Workers In The U.S. “Are Eligible For Payments That Are Greater Than Their Lost Earnings”
For decades, our national leaders have been leading us down a road that leads to national oblivion.
Fed Chair Powell Ready to Print Trillions to Promote “Stability” of the Financial System
“We’re not out of ammunition by a long shot”
Economist Slams “Lack of Concern” Over Rising Debt, Money Printing
“It’s not a crisis until it becomes one”
Money Supply Growth in April Ballooned to a New High
The growth in the money supply in recent months is in part tied to the fact that the Federal Reserve grew more accommodative in late 2019
Amazon’s Jeff Bezos on Track to Become World’s First Trillionaire
The research predicts Bezos will become a trillionaire in 2026.
US Oil Rig Count Crashes To 11-Year Lows: “There’s A Double Risk On The Horizon”
This means that the U.S. has to be extra cautious about making any serious changes to current oil production patterns because the ship can be slow and difficult to right