The header is a quote from Joe Costello and seems so on point these days. “Critical Race Theory” and the Woke-Industrial Complex? Obvious. A “Sock Puppet” as president easily lost in a DC hardware store, while aides shoo the sundowning old guy back to the home before he has an “accident”? Obvious. The border collapsingContinue reading “Americans are not very good at dealing with the obvious.”
Tag Archives: #ponzination
Depopulation and Inflation in a Ponzi Scheme
In his Econimica blog (https://econimica.blogspot.com/2021/03/the-narrative-of-inflation-amid.html), Chris Hamilton continues to be among the most spot-on analysts in the econophysics. Curiously, he probably doesn’t see himself as an econophysicist. Before jumping to Chris’s recent post, note the year-over-year changes above in key metrics: working age population (increasingly negative), employees (very negative), housing permits (increasingly positive), and 30-yrContinue reading “Depopulation and Inflation in a Ponzi Scheme”
Z Man on Oligrachy and the Theory of Egalitarian Collectivism
The nation-state was the recognition that human identity groups were the basis of human organization. A stable country like Great Britain had a common language and history. Identity groups like Welsh and English were sublimated to the British identity. Even so, they had their own cultural spheres that were tolerated and respected by the whole.Continue reading “Z Man on Oligrachy and the Theory of Egalitarian Collectivism”
China Joe v. Gold
China Joe seems bent on blowing out the money supply in an absolutely pathetic hope of “stimulating” demand and GDP growth. Well, the only thing likely to be “stimulated” is the demand for synthetic gold (you know what that is) and gold. Here are your trading targets – “shooters, watch your lane.”
Special Ed Poolside – the Chicago Way
“As recently as Thursday,” according to WGN, Sarah Chambers “tweeted to rally special education teachers not to return to work Monday because it’s unsafe. Just a few hours earlier, Chambers posted a picture on Instagram that appears to show her pool side in Puerto Rico and talking about going to Old San Juan for seafood.”Continue reading “Special Ed Poolside – the Chicago Way”
The More They Print, The Greater the Debt, The Greater the Debt, The Higher the Dow, The Higher the Dow, The More They Print
See the pattern? https://www.zerohedge.com/markets/what-do-when-planets-diverge
Death of the Middle Class – Killed by Deficits, Stimulus, and the Monetary Politburo
My old professor, Murray Rothbard, explained the dynamics decades ago: “The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to the counterfeiters. And on and on the new money ripplesContinue reading “Death of the Middle Class – Killed by Deficits, Stimulus, and the Monetary Politburo”
“You Met Me at a Very Strange Time in My Life”
Tyler Durden: “We are consumers. We’re the by-products of a lifestyle obsession.” Tyler had a point. How’s that working out for you? Being clever. Obsessing about lifestyle. Well, Chris Hamilton has a point of view as we sit on the edge of plutocracy’s apparent recapture of the US executive branch: “To begin, I’ll divide theContinue reading ““You Met Me at a Very Strange Time in My Life””
Econophysics2020 