The central bank monetary shenanigans in both Europe and the US no longer can be ignored or covered up. Unfortunately, as their economies falter, the Fed and the European Central Bank will resort to even more financial trickery to cover for previous monetary foolishness.
Category:
Politics
Was Russia provoked into the war in Ukraine? Certainly. However, gaslighting was involved as well.
President Trump has threatened to use the armed forces to go after the drug cartels in Mexico. While the idea might be popular with some, it can only lead to disaster as things surely will spiral out of control.
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Our taxes are due today. It’s a reminder that we must get past the tax reformers’ favorite ploy of revenue neutrality.
One of the arguments given in favor of tariffs is that they will enable domestic manufacturers to better compete with producers abroad. While people may believe that to be true, the problem is that tariffs don’t create a good foundation for capital development.
It is not just the future generation who bears the burden of increased government debt, but the current generation who pay the interest to the banks and corporations through higher taxes and higher price inflation.
An enduring progressive myth is that racial and religious minorities can only make economic gains if government “levels the playing field.” The historical record demonstrates, however, that free markets offer the best opportunities for people in minority groups.
Thanks to President Trump‘s brinkmanship, tariffs are in the headlines. However, while the public knows about tariffs, few people actually understand them, their history, and how they work.
According to Keynesian “economics,” central bank interest rate cuts will make the economy stronger—unless the economy is in a “liquidity trap.” The truth is that these kinds of monetary tricks actually weaken the economy.