Archive for November 2022
Quote Of The Week 11/17/22
It’s confusing that Halloween and Election Day are so close to each other. In both cases, people put on a mask and ask for things. Best I can tell, Halloween is actually getting shorter. Election Day takes a month.Read More
Inflation: Too Few Goods?
The time-honored cause of inflation is… “Too much money, chasing too few goods.” (So, what happens if we make more goods?) The standard, government-approved solution to inflation says… Raise interest rates. Bang. That’s it. Result: Nobody can borrow, businesses decline, and unemployment rises. Predictably, there will be less money in circulation. In…Read More
Banks Colluding Against U.S. Energy?
Major banks have joined the U.N.’s Net-Zero Banking Alliance. They promise to destroy the world’s fossil fuel companies by making it impossible for them to get credit. Resistance to that lovely idea started when state Treasurers banned the banks. We’ve now moved on to official investigations by 19 state Attorneys General. This only matters to…Read More