We’re in the midst of the graduating season for high schoolers and college students. We’re also in the midst of a time when new graduates realize they’re dead broke, deeply in debt and have to turn to the bank of mom and dad for their day-to-day finances. Survey Says Students Leaning on Parents Upromise, a […]
Archives for May 2015
Video: Milton Friedman on the trend away from freedom
Just how much was economist Milton Friedman ahead of his time? This video succinctly shows just how astute Friedman was when it came to the dangers of government. The 1978 speech highlights the erosion of options Americans have and how the government persists in seizing your money through taxation. Friedman wasn’t great at monetary policy, […]
Goldman Sachs tells us what we already know: the world is drowning in debt
For years now – thanks to record-low interests, quantitative easing and stimulus plans by governments and central banks – the world has been suffocating in debt. From governments to households, it seems every region of the globe is just drowning in debt and IOUs. This is something that has been much talked about in libertarian […]
An important statistic for Janet Yellen: Rents are higher
Zillow released a new report last week and made an important discovery: rents in April were four percent higher than the previous year. This is the fastest increase in two years and actually outpaced home prices, which grew by three percent. The affordability of rent is getting out of control and will likely worsen as […]
David Stockman: ‘It’s a coup d’etat, the central banks have taken over’
David Stockman, former Reagan budget director and bestselling author of “The Great Deformation,” delivered an excellent statement that should have all of us shaking in our boots: “It’s a coup d’etat, the central banks have taken over – unconstitutional domination of the entire economy.” Stockman made these remarks during an interview with Fox Business Network‘s […]