Popular posts:
The Pretense of Knowledge PaysThe American reptilian brain says the Federal Reserve is critical for managing the economy. The larger thinking brain, if engaged, easily sees that Federal Reserve members are paid for the pretense of knowledge. Are these members the world’s best economists? No, they are the best politicians among the country’s set of economist. The larger thinking brain, again if commissioned to think, easily recognizes their actual role. The genuine role of the Federal Reserve is to carry out political agendas which normally focuses on transferring wealth from the bottom of the income ladder to the top.
-
-
Recent Posts
-
Archives
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
Monthly Archives: August 2015
The Truth About Economic Forecasting
There is nothing immoral about making an economic forecast. It is immoral to base national economic policy on economic forecasts, especially those that are developed quantitatively. Why? Economic forecasts made by professional economists are no more accurate than those made … Continue reading
Posted in Daily Comments
Leave a comment
New Democrat to Announce
Original thought is rare. Monkey see monkey do is common. Outsider Donald Trump announces as a Republican and surges to first place in the poles. Who would like to be president? Who has visions of grandeur? We don’t know all … Continue reading
Posted in Daily Comments
Leave a comment
Trump and the Media
Donald Trump seems to understand things about the media that the public does not yet grasp. As I explain regularly, how people and institutions are defined is different than how they function. Americans have grown up believing that the media’s … Continue reading
Posted in Daily Comments
Leave a comment
Comments on the Crash and When to Buy
I am not predicting a 1929 style crash. That doesn’t mean it won’t happen. In 1929, investors were on their own. Today we have constant government intervention in the financial markets. Circuit breakers may smooth out the decline. I am … Continue reading
Posted in Daily Comments
Leave a comment
Little Hitlers
Every sociopath is a potential Hitler. All presidential candidates are sociopaths. There is no way to advance this far in politics without being a sociopath. This is the most competitive event in the world. As nice as each candidate appears, … Continue reading
Posted in Daily Comments
Leave a comment
Magic Power of Government
Ronald Reagan was the first truly big government Republican and the president who initiated the practice of government tampering with financial markets. Where ever people live they all have one thing in common. Whether it is North Korea, the … Continue reading
Posted in Daily Comments
Leave a comment
Search Engines?
There are actually no search engines in operation today. Anyone who used search engines before the Google emergence can remember finding all sorts of interesting and useful things. Today all search enterprises try and emulate the Google model. A Google … Continue reading
Posted in Daily Comments
Leave a comment
Stock Market Comments
Any time a major stock average breaks through its 200 day moving average, it is a big deal. All major stock indexes suffered 2% declines. Most years pass without averages suffering such a loss. For years 2% down has been … Continue reading
Posted in Daily Comments
Leave a comment
Corporations Are Now Levying Taxes
In Ivy League economic departments, they would laugh if they were told that whole industries were collecting taxes from the general population. They are drunk on dogma and maintain erroneous assumptions about human behavior. Whole industries can and do pass … Continue reading
Posted in Daily Comments
Leave a comment
Voting and Worshipping
As I always say, most things can be explained in a sentence or two. In a democracy, citizens have two options with respect to candidates and office holders. Voters can either worship candidates or they can treat them as delegates. … Continue reading →
Share this: