By: Ryan McMaken Denver’s municipal election this year featured a ballot measure to decriminalize psilocybin mushrooms — or as the Phish groupies called them back in high school — “shrooms.” The measure failed 45 percent 55 percent. Denver, of course, is a place that voted in the majority for the legalization of marijuana in 2012’s […]
Austrian Economics
Week in Review: April 29 to May 5
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: WAR ON CASH: Understanding why globalists want to abolish cash, impose subzero rates Kamala Harris shows off her authoritarian side Should The New York Times rename itself Der […]
Random Friday: April jobs report, credential inflation, Chris Matthews and virginity
News Story of the Day: The United States labor market is soaring, and you can bet President Donald Trump is going to be jubilant over the weekend. According to the Bureau of Labor Statistics (BLS), the U.S. economy created 263,000 new jobs in April, bringing the unemployment rate to a 49-year low of 3.6 percent. […]
Paul Krugman describes Trump, GOP as ‘white nationalists’, ‘sexists’
By: Andrew Moran There is no other mainstream economist who has the propensity to dismiss everything he disagrees with as malevolent, macabre, and meretricious than the first-ever fake news award winner, Paul Krugman. In today’s toxic political environment, the left takes great pride in declaring everyone right of Senator Elizabeth Warren (D-MA) and everything right of […]
WAR ON CASH: Understanding why globalists want to abolish cash, impose subzero rates
By: Clint Siegner Central bankers and politicians love inflation, but they need “bag holders” to have faith in the value of the fiat currency IOUs they hold. The trick is to avoid suddenly destroying the ephemeral confidence in currencies by printing too much too fast. Central bankers may also need to limit the options inflation […]