Tag Archives: recession

An Impassioned Defense Of Waste, Fraud And Abuse

Dear Friends, It seems to me, the talk about town is how DOGE cutting waste, fraud and abuse, is going to send the economy careening into a recession. Which is premised on the notion, the roof must continue supporting the … Continue reading

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Weighing Keynes Demand

Dear Friends, It seems to me, Keynes understood part of the truth, but only a small part. The reason I say this is because he gathered all demand under the same umbrella. Which is clearly not the case. Does demand … Continue reading

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Military Versus Economic Might

Dear Friends, It seems to me, instead of being the military engine of the world, perhaps it would behoove the US, to become the economic engine of the world again? Not by financial shenanigans, or service sector growth… but by … Continue reading

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Carbon Credits Are A Con

Dear Friends, It seems to me, carbon credits are simply another way for the rich to steal from the poor. By creating an entirely arbitrary market, they can “create wealth” in the form of script, and sell it to dupes. … Continue reading

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The Doom Loop Of Economics

Dear Friends, It seems to me, American cities have committed suicide, entering the doom loop of economics. Under the normal progression of creative destruction, you would expect the collapse to be followed by a Renascence. Sadly, in this case that’s … Continue reading

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The Millstones Make It Hard To Stay Afloat

Dear Friends, It seems to me, we are being ground between the twin millstones of inflation and recession. The one ruins the currency, the other erodes our prosperity. Not an optimal path to societal wealth. Then again, one only takes … Continue reading

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Rent Seeking As An Economic Model

Dear Friends, It seems to me, once an economy is based almost entirely on rent seeking, that economy must soon collapse, along with the nation. Rent seeking is a zero sum game and so an economy based on it will … Continue reading

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Fighting Inflation With Reverse Keynesianism

Dear Friends, It seems to me, the elite like to use Keynesian economics when in recession, but when in inflation, nothing could be further from their minds. We know this because governments the world over increase spending, when the economy … Continue reading

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How I would Fix The Economy

Dear Friends, It seems to me, if I were in control of the US in 2020, I would have cut regulation to stimulate manufacturing, to gin the supply side of the inflation equation after the shut down. Today that supply … Continue reading

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Inflation, Recession and How To Make Them Worse.

Dear Friends, It seems to me, fighting supply driven inflation with demand destruction, is like burning a forest so a campfire can’t spread… because fire can’t spread into ash. It is a race to the bottom. Can the fed destroy … Continue reading

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