Monthly Archives: August 2019
The Hollow Promise of a Statist Economy
Not a day goes by that doesn’t supply a new specimen of inane disclarity. Muddy ideas are dredged up from tainted minds like lumps of odorous pond muck. We do our part to clean up the mess, whether we want to or not. Continue reading
Dead Meat in Jackson Hole
This Thursday through Saturday, for the 37th consecutive year, the Kansas City Federal Reserve is hosting its economic symposium in Jackson Hole. Central bankers from the Federal Reserve have descended upon the valley like 19th century fur trappers. Who they bill their expense reports to is a question that’s better not asked. Continue reading
Writing on the Wall
One of the more disagreeable discrepancies of American life in the 21st century is the world according to Washington’s economic bureaus and the world as it actually is. In short, things don’t add up. What’s more, the propaganda’s so far off the mark it’s downright insulting. Continue reading
Getting to a Special State of Ugly
The world, circa 2019, is a fabricated reality. Debt, piled upon debt, piled upon debt, ad infinitum, has erected a financial order that’s at perilous odds with the underlying economy. Central bankers attempt to manipulate fake money and fake foreign exchange rates to keep the debt pile from cascading down. Continue reading
