As nations start seeing an uptick in confirmed cases of the coronavirus, the White House does not think a second wave is coming to the United States. White House economic adviser Larry Kudlow told CNBC on Monday that there is unlikely to be a widespread shutdown across the country, despite COVID-19 increases in more than […]
Archives for June 2020
THANK YOU RAND: Rand Paul encouraged Trump NOT to hire John Bolton
John Bolton is a neoconservative snake who never saw a war he didn’t like. Why President Donald Trump hired him in the first place is one of the most befuddling decisions of his term. In fact, why Bolton still has a political career is astonishing at this point. That said, according to Bolton’s new book, […]
Federal Reserve balance sheet unexpectedly shrinks, stock market slumps
By: Andrew Moran For the last three months, U.S. central bankers have submerged themselves in the vaults of the Eccles Building and printed Federal Reserve Notes like bootleggers’ cheap hooch during Prohibition. The Fed has been aggressively expanding its unprecedented eternal quantitative easing putsch, but something strange happened on the way to the printing press repair […]
Bank deposits spike $2 trillion this year amid coronavirus pandemic
Do central banks want further proof ZIRPs or NIRPs do not encourage consumers to spend more than they already do? We saw this in Europe, and now it seems ZIRP is doing the opposite of what the central bankers want in the United States. According to Federal Deposit Insurance Corporation (FDIC) data, more than $2 […]
WATCH: Citizen versus the government
Well, what a trying week it has been! But what better way to end these strange days than by watching Reason’s hilarious duo Austin Bragg and Andrew Heaton. Here is the clip: