Monthly Archives: August 2025

Here Comes the September Swoon

Government bureaucrats thought they had it made. High paying jobs that are practically guaranteed for life. Great retirement benefits. A certain air of importance. Continue reading

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What a Bull-Runner Can Teach Us About the AI Bubble

Bill Hillmann is an expert bull runner. He’s also a writer. He married his two passions in a book he co-authored in 2014. The book is titled, “Fiesta: How to Survive the Bulls of Pamplona.” It is a guide for anyone foolish enough to run with the bulls in the legendary San Fermín festival. Continue reading

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A World Of Fiat

There has been a lot of discussion lately about America’s massive trade deficit and how President Trump’s tariff policies are intended to shrink it down while returning manufacturing to the USA. What isn’t often mentioned is how this massive trade deficit ever came about to the extent that it has to begin with. If the world still operated on a gold standard these mega imbalances would have been impossible. Continue reading

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How Fed Dependence on Bogus Data Invites Disaster

Numbers may seem like hard facts. But they are rigorously flexible in the right hands. The game often involves framing. Politicians and bureaucrats are masters of it. Continue reading

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