Monthly Archives: September 2025
The Unvirtuous Cycle of Rate Cuts
Trying to artificially control things like interest rates without understanding the underlying economic realities leads to an unvirtuous cycle full of unintended, and often unpleasant, consequences. Over the last 112 years this has resulted in a steadily declining dollar and massive debt and deficits. Continue reading
Invasive Species
The sun glistened off the water as our family clamored aboard the modest vessel. Nicolás, our captain for the day (and the boat’s owner-operator), spoke with the passion of a man who has discovered a deeper meaning in life. Continue reading
How a Government Shutdown Can Restore American Independence
The clock is ticking. Congress has until the end of the month to avert a partial government shutdown. Federal agencies, and their dependent employees, are counting on a last-minute deal to keep the money flowing to their coffers. Continue reading
