Category Archives: Government Debt
Abolish the Federal Debt Limit
One trouble with government programs is they mislead people. Recipients believe they are getting a benefit when, in effect, they are unwittingly being placed in harm’s way. Time and time again, under the influence of a benevolent hand of government, … Continue reading
This is War
Exactly 20-years ago this month we got our first email address. We were entering freshman year of college. Along with a student identification card we received an email account. The World Wide Web was a Wild West frontier at the … Continue reading
Deflation with a Capital D
There’s a good ole fashioned market panic taking place in the Far East. Buyers of Chinese stocks have become scarcer than hen’s teeth. Even the highly visible hand of the Chinese government can’t arrest the freefall. On Monday, for example, … Continue reading
China’s Exercise in Futility
At the moment, it appears the Chinese government has forestalled a full stock market meltdown. To do so, the People’s Bank of China made direct purchases of stocks trading on the Shanghai Stock Exchange. What type of chimera is this? … Continue reading
