It used to be that the experts were consistently wrong, meaning they at least agreed with one another at the same time. Now they are all disagreeing . . . none of which makes any sense. Of course, if they wanted to make sense, they would have adopted the Economic Democracy Act decades ago, but until then, this is what we get:
Friday, September 29, 2023
Wednesday, September 27, 2023
As Marisa Tomei’s character said in My Cousin Vinnie (still in the running as “Best Lawyer Movie Ever”), it’s a frickin’ nightmare (or words to that effect). The Keynesians and their clones are desperately trying to come up with explanations and new catch phrases to sweep what they claimed was impossible under the rug. Again.
Monday, September 25, 2023
Friday, September 22, 2023
It’s astonishing how much the news items seem to be the same week after week . . . what with the same old people doing the same old things. Many of these, if not all, could be resolved by adopting the Economic Democracy Act — so it might not matter all that much, except that the degree of the problem is increasing, although not the essence thereof:
Wednesday, September 20, 2023
There’s a very old and very bad joke about the optimist who fell out of a skyscraper window. As he passed some of the floors on the way down, people would call out to him, “How’s it going?” and he’d reply, “Doing fine so far!”
Monday, September 18, 2023
Friday, September 15, 2023
Not that it’s much of a surprise, but this week’s news items strongly resemble those of last week! I know, you’re absolutely flabbergasted. Fortunately, since the recommended solution is the same this week as last week — viz., adopt the Economic Democracy Act — so it might not matter all that much, except that the degree of the problem is increasing, although not the essence thereof:
Wednesday, September 13, 2023
Small or conservative investors are typically told that government debt is the safest and most conservative type of investment they can have. Of course, given the current level of political stability in the world, that might not be saying much.
Monday, September 11, 2023
Friday, September 8, 2023
It’s been yet another week of Federal Reserve follies, with all the experts thinking they’re smarter than what experience and intelligence has long proved to be the case: that Keynesian economics and the Currency Principle simply don’t work, nor can they. For such gloomy people, they continually rely on the triumph of optimism over experience and think if they just keep doing what hasn’t worked for nearly a century it’s bound to work sometime . . . or they could do the rational thing and adopt the Economic Democracy Act:
Wednesday, September 6, 2023
Economists and their political stooges . . . or maybe that’s politicians and their economic stooges (it’s so hard to keep that straight these days in a Keynesian plutocracy) profess to be terrified and worried and even a trifle concerned about the possibility of the U.S. Dollar losing its place as the primary global reserve currency.
Monday, September 4, 2023
Friday, September 1, 2023
It appears as if China is at the top of the economic news, along with the usual confusion about inflation. Of course, all this would be moot if some country would just adopt the Economic Democracy Act, but what do you want, a miracle?