Tag Archives: government intervention
The Hollow Returns of Government Intervention
Government intervention into a nation’s economy is both foolish and destructive. But that doesn’t mean governments don’t meddle each and every day with the best – and worst – of intentions. Continue reading
Central Planners of the World, Unite!
If you want to understand what’s up with raging consumer price inflation and Fed monetary policy, you must understand this. Right now, in the United States as in most of the world, we have a scam currency that’s controlled by central planners. Specifically, we have what Karl Marx envisioned in Plank No. 5 of his Communist Manifesto: “No. 5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” Continue reading
China’s $6.6 Trillion Toxic Loan Problem
“As long as you’re green, you’re growing. As soon as you’re ripe, you start to rot,” once remarked Ray Kroc, mastermind of the McDonald’s franchise empire. At the moment, no truer words can be spoken for China’s ripe economy. The … Continue reading
