One of the funniest things this year has been the mainstream media and the left’s reaction to the coronavirus pandemic and the Black Lives Matter protests. Here are two reactions Reaction No. 1: You want to go outside and go back to work? Why do you hate old people? Why do you want to kill […]
Archives for July 2020
What are the social consequences of negative interest rates?
By: Pascal Hugli Anyone who has ever been to Japan knows: Japan is special. The country has many strange habits. The Japanese culture is simply different and many peculiarities are hardly understood in the West. But it’s not only the old established traditions that are foreign to us Westerners. Just as disturbing are social developments […]
WATCH: Joe Biden’s top 30 bloopers, blunders, and gaffes
Should Joe Biden become president, he is going to make George W. Bush look like a Shakespeare thespian. It will be one hell of an entertaining presidency for both his gaffes and the media covering up those blunders. Until then, let’s relish in the innumerable gaffes so far, thanks to Andrew from Run! Don’t Walk […]
How do you kill the U.S. economy again? You threaten to shut it down again
By: Ryan McMaken The first time governments imposed business closures in the name of fighting the spread of COVID-19, the job market imploded. Forty million Americans lost their jobs, and at least 20 million of those are still unemployed. Income in America fell to such low levels that federal tax revenues fell by more than 50 […]
Ray Dalio: Central banks eliminates free market aspect of capital markets
For years, contrarians have warned about central banks’ god-like power over the economy and financial markets. Their apotheosis abilities have been on full display since the market meltdown in March. Since then, central banks have engaged in unconventional and unprecedented monetary policy, such as unlimited quantitative easing and buying corporate debt. This will inevitably result […]