Tag Archives: economics

The Deflation Bugbear

Dear Friends,   It seems to me, when economists worry about deflation it is like a doctor worrying about a runny nose, they both are concentrating on a symptom, not the underlying disease. The consensus among economists is that deflation … Continue reading

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Obama’s Kraken

Dear Friends,   It seems to me, the catastrophe that is Obama care is showing the deep level of incompetence and duplicity of the Obama administration, in reality, Obama care is a modern Kraken, released to destroy our healthcare system … Continue reading

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Arbitrary Power

Dear Friends,   It seems to me that since the dawn of time, city states, nations and empires have warned of the dangers of arbitrary power. Throughout history rulers that attained arbitrary power have brought their people to ruination. The … Continue reading

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The Religion of Socialism

Dear Friends,   It seems to me that socialism is a religion. The committed socialist behaves exactly as if he or she is a member of a cult. A body where their God is the collective, to be sure, but … Continue reading

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I Pencil and Complexity Theory

Dear Friends,   It seems to me, the most commonly known analogy in economics is, I Pencil. This narrative shows that the capitalist system produces things of such complexity it would be impossible for a central authority to do it. … Continue reading

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Janet Yellen’s Federal Reserve

Dear Friends,   It seems to me, Obama’s pick to head the Federal Reserve, Janet Yellen, will continue down the treacherous path Ben Bernanke has put the US and the World on. The huge amount of money printing will continue … Continue reading

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Government Shutdown

Dear Friends,   It seems to me, Obama is saying to the American people, “resistance is futile.” In the science fiction series Star Trek Next Generation, the Borg were an evil alien race that lived in a collective. The Borg … Continue reading

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Missing the Forest For the Trees

Dear Friends,   It seems to me, it is human nature to ignore the big things we agree on, and vilify each other for the little things we disagree on. Christianity is one example. There are protestants who believe the … Continue reading

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Things that Work and Things that Don’t Work

Dear Friends,   It seems to me, no matter how much someone wants a thing to be true, if it is not, it is not, and never will be. The desire of a person bears not a whit on reality. … Continue reading

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The Economic Argument Why Obama Care Must be Defunded

Dear Friends,   It seems to me… Obama care is an economic train wreck. The devastation it’s already done, has lowered the standard of living of the World’s people for generations, let alone the future damage it will do. Since … Continue reading

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