Category Archives: Daily Comments

There is a short cut to being right about economic issues. Stop studying human beings as if they were an anointed species just a step below divinity. Do this and you will begin to understand all of what is going … Continue reading →

A an economist, I explain things in one or or two sentences. Keynesian economics has never had a chance of working, not in the United States and not in the world. Why? It is missing two critical ingredients which are … Continue reading →

Below are some points to remember. At no other time in history has there been wealth concentrated in so few hands. Never before has there been the sophistication and tools for effectively managing stock prices for the personal gain of … Continue reading →

Not all mooching is the same. Passive mooching draws ridicule. Welfare mothers are passive moochers? A passive moocher does not lobby for benefits but uses current law to take advantage of existing opportunities. Not once in history have the poor … Continue reading →

Governments form for the loftiest reasons. Who would feel safe without a government with armed forces? Without government who would guarantee rights of citizens and administer justice? Questions like these are taken into consideration when governments are formed and organized. … Continue reading →

Government provides a way for citizens to mooch off one another. The more political power a citizen has, the more mooching can be done. Politically powerful people do the preponderance of mooching. Those with little or no political power get … Continue reading →

Since 2006 I have been writing that the purpose of Federal Reserve policy is to elevate asset values on behalf of the world’s most politically powerful citizens. This is the only agenda the Fed has and it is the only … Continue reading →

First, what is stimulus? Stimulus is a way rich folks with plenty of political power  protect and add to the value the value of their assets. Stimulus also prevents powerful producers and vendors from suffering from decreasing demand for their … Continue reading →

Politicians seize every opportunity to virtue signal and engage in recreational grief. Do not forget that all of these folks are hybrids of the human race in that they are sociopaths or if you prefer have political personalities. Don’t forget … Continue reading →

What is the Deep State? The Deep State is network of politically powerful people and organizations who dictate policy to all of the major governments of the world. From Wikipedia:  “The concept of a deep state suggests that there exists … Continue reading →