Monthly Archives: December 2024

How the Fed Chokes the Economy

There’s no outlet in the San Joaquin Valley for the salt to flush. The valley is the basin’s terminus. Thus, in this grand paradox, the relative freshness of the excess water that is keeping the farmland alive is, at the same time, the source of the salt that is killing it. Continue reading

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13 Reckonings for America

One of the noteworthy features of the political climate in the USA is the lack of agreement on what the facts are – and how the economy should be allowed to function. Should it be a hands-off laissez-faire economy? Should there be more regulatory intervention? Continue reading

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Are You Unknowingly on a Suicide Mission?

The transfer of wealth from workers and savers to the government and the big banks rolled on this week with Swiss-like precision. The process is both mechanical and subtle. Here in the USA the automated elegance of this ongoing operation receives little attention. Continue reading

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