President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may come off as being “tough” in his negotiations, he cannot bluster his way to a stronger dollar, thanks to reckless monetary policies.
Category:
Politics
By misusing statistics, the government claims that racial disparities are always caused by racial discrimination and that these disparities can only be rectified by state-directed outcomes. However, government programs have made things much worse.
Commercial real estate in the US faces major problems despite efforts by the Federal Reserve System to prop it up. Bonds used to finance commercial real estate markets are being hit especially hard, and there is no relief in sight.
As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results.
Thanks to unrelenting propaganda from the establishment media, a large number of Americans are suffering from what is diagnosed as “climate anxiety.”
We have reached this point: the government keepers of money do not even understand what money is or why inflation is harmful. To them, the real threat to the economy is “deflation.”
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard, on the other hand, said as long as gold is money and there is no fiduciary media, such a scenario was not possible.
Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal mechanisms that make the outcomes possible.
Social critics often tell us that capitalism is contrary to the true meaning of Christmas. In truth, markets and entrepreneurs work to make Christmas more joyous and comfortable.