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Monthly Archives: March 2017
The Fed Is Bedeviled by Keynes’s Paradox – Bloomberg
(See the Bloomberg article on Fed interest rate manipulation.) The Fed (your totalitarian financial Gov Sponsored Enterprise) forces interest rates artificially low, which means you can make no money by lending your savings to banks and other corporate entities through … Continue reading
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What Economists Are Not — And Shouldn’t Try to Be
Article by Carmen Elena Dorobăț at Mises Institute today. In my opinion, economists are politically-motivated behavioral scientists – sociologists that crunch numbers. Their soft science of behavior observation does not give them an ability to plan economies, create monetary … Continue reading
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Record Tax Takings, Record Gov Debt,… and Your Magical Thinking?
(Graphic and data from article sourced here from CNS news) US Gov took over $600B from individuals in the month of February – a record. Regardless, it still cannot meet its obligations without the continual creation of debt: a … Continue reading
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