A broken clock is right twice a day. Is Modern Monetary Theory (MMT) anything new? The concept being pushed by the likes of Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Bernie Sanders (I-VT) suggests that the Federal Reserve (or Congress) print money to pay for the deficit. But isn’t that what it is currently doing with […]
Archives for November 2019
DOLLAR COLLAPSE: Will the global de-dollarization push destroy the greenback?
By: Andrew Moran The U.S. dollar has been as good as gold for the last 70 years, enjoying its hegemony as the international reserve currency. Despite the Federal Reserve destroying the greenback’s value over the last 100 years, foreign governments, central banks, and global financial markets have depended on the buck for everything, from its status as […]
STUDY: Tariffs costing Americans $40 billion in higher prices – not the Chinese
President Donald Trump keeps claiming that the Chinese are the ones paying the tariffs. But are they really? Sure, exporters are facing some of the added costs, but it is the American people who are being burdened by the import levies. The Federal Reserve Bank of New York published a new study that found U.S. […]
The Democrats’ shift to neoconservatism as 2020 candidates turn hawkish
By: Andrew Moran Is foreign policy the main issue for voters heading into 2020? For the Democratic base, the top priority is ousting President Donald Trump by any means necessary, even if that is casting a ballot for a far-left candidate or sticking with a Swamp establishment creature. While the men and women vying for the nomination […]
Time to say goodbye? London transit regulator strips Uber of license over ‘patterns of failures’
Could you soon say goodbye to Uber in London? Well, the taxi cartel and the bureaucrats have won the battle, but will they claim victory in the war? The ride-sharing service saw its license in London stripped by the city’s transport regulator, Transport for London (TfL). The government cited a “pattern of failures” that “placed […]