The Federal Reserve might be normalizing monetary policy by gradually raising interest rates and unwinding the $4.5 trillion balance sheet. But that doesn’t mean the nation’s money supply growth is slowing down. Here is a look at the M2 money stock from January 1 to December 17 (the latest available data): The printing presses are […]
Archives for December 2018
Soviet Union – another failed socialist experiment
A man walks into a shop and asks, “You don’t have any meat?” “No,” replies the sales clerk, “We don’t have any fish. It’s the store across the street that doesn’t have any meat.” Scenes of food shortages, long lines, and fed up Russians were commonplace in the Soviet Union. Moscow believed it could deliver […]
EMBARRASSING: CNN, Michael Avenatti, Elizabeth Warren
The Counterfeit News Network, creepy porn attorney Michael Avenatti, and Native American Elizabeth Warren walk into a bar… What better way to end 2018 than to take a look at the left. Only one word can describe it: embarrassing. CNN & Witches First, let’s begin with the Counterfeit News Network, which ran a segment on […]
Artificial nature of stock markets on display in recent plunge
By: Clint Siegner It’s amazing what passes as a market these days. Stocks rallied during the Christmas week, and the mainstream financial press would like you to believe bargain hunters swooped in after the weeks of heavy selling to grab some deals. The truth is there are very few actual people still evaluating the merits […]
20 states to raise the minimum wage in 2019
It’s the new year so that obviously means that states are mandating unemployment and raising the cost of living. When January 1 hits the calendar, there will be automatic minimum wage increases all over the country. Here are places that will see a higher minimum wage in 2019: – Alaska ($9.89) – Arizona ($11.00) – […]