Category: Economy

Inflation Is Stealth Austerity

Inflation Is Stealth Austerity by Charles Hugh Smith for Of Two Minds Rather than decry austerity, which demands an open political discussion of trade-offs, we should decry inflation’s stealthy reduction of purchasing power. Austerity–bad. Inflation–good. Oh wait–they’re the same thing:...

The Clearest and Best Video Explanation of the Virus, the Lockdowns, and the Impact

The Clearest and Best Video Explanation of the Virus, the Lockdowns, and the Impact by Jeffrey A. Tucker for American Institute for Economic Research Those of us who have been reading and writing on lockdowns and the Covid-19 virus have been frustrated...

What Happened to American Labor?

What Happened to American Labor? BY BRIAN MAHER for Daily Reckoning THE United States Bureau of Labor Statistics informs us that American productivity has increased 70% since 1973. But average real hourly pay (adjusted for inflation, that is) has scarcely increased...

Have You Noticed How Push-Back Against Powell-Fed’s Actions Is Getting Louder in the Mainstream Media, from NPR to CNBC?

Have You Noticed How Push-Back Against Powell-Fed’s Actions Is Getting Louder in the Mainstream Media, from NPR to CNBC? Still a lot of fawning coverage, but big dissenters are now given prominent spots, and loaded questions are used to politely...