The US Government Has Declared War on Ceiling Fans
nsidering all costs, the forecast $39 saving on ceiling fans will evaporate like the puff of smoke emitted by a failing electric motor. Continue Reading →
Category Archives: Current issues
Fitch Downgrades the US
Fitch downgraded U.S. debt to AA+. Herb Stein once said “If it cannot go on forever, it will stop.” The current path is unsustainable.Fitch downgraded U.S. debt to AA+. Herb Stein once said “If it cannot go on forever, it will stop.” The current path is unsustainable. Continue Reading →
Inflation For Dummies
Inflation is the rate of change in the average price level. As long as the inflation rate is positive, the price level continues to rise. Continue Reading →
Operation Choke Point Returns With a Vengeance
Operation choke point was a government program to deny banking services to a group of industries. Luke Rosiak has discovered its resurgence. Continue Reading →
Three Tax Prep Firms Gave Personal Data to Meta
3 tax prep firms shared sensitive data with Meta. I’ll save you some time. The tax prep firms were H&R Block, TaxAct, and TaxSlayer. Continue Reading →
Revisiting First Quarter GDP
The third estimate was released a few weeks ago. Real GDP growth increased from the first estimate’s 1.1 percent to 2.0 percent Continue Reading →
Custodia: A Bank That Does Not Lend
Custodia is a 100% reserve bank. Therefore, they do not need (or have) deposit insurance. And they make no loans. Continue Reading →
The Fed is Out of Control
“Although the report was published as a report of the Board of Governors, it was the product of one Board Member, and was not reviewed …” Continue Reading →
Vincent Geloso Dissects Gabriel Zucman
Geloso posted a Twitter thread criticizing Zucman’s latest. Zucman is part of the faculty crowd that warp data to achieve leftist results. Continue Reading →
Why is OpenAI’s CEO Asking to Be Regulated?
Why is OpenAI’s CEO Asking to Be Regulated? Brian Albrecht answered it using a simple supply-demand model. Continue Reading →