- The Black Swan Is a Drone
- Video: StrikeDC for Climate and Peace
- Why Would Iran Attack the Saudis NOW?
- Every Peace Group and Activist Should Join Strike DC for the Earth’s Climate
- Talk Nation Radio: Russell Gray on Plans to Shut Down Streets for Climate
- Smedley Butler’s Speech Against War in Charlottesville in 1937
- Boycott All U.S.-Corporate Media!
- Why America’s Military Capabilities Are Failing
- For the First Time in My Life I’m Against Impeaching the President
- The Majority of Americans Hate BOTH Parties
- How Fascist Is the Republican Party?
- Antiwar Billboards Are Up in Ireland
- Talk Nation Radio: Ken Mayers and Tarak Kauff on Protesting War in Ireland
- Limerick at Peace
- How the U.S. Created the Cold War
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Tag Archives: central banks
The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted as a sure thing:inflation will stay near-zero essentially forever, assets such as stocks and bonds will continue yielding hefty … Continue reading
Gresham’s law holds that “bad money drives out good money,” meaning that given a choice of currencies (broadly speaking, “money” that serves as a store of value and a means of exchange), people use depreciating “bad” money to buy goods and … Continue reading
The mere mention of “central banks” will likely turn off many readers who understandably have little interest in convoluted policies and arcane mumbo-jumbo, but bear with me for a few paragraphs while I make the case for something to happen in … Continue reading
The psychology of blowoff tops in asset bubbles is fascinating: let’s start with the first requirement of a move qualifying as a blowoff top, which is the vast majority of participants deny the move is a blowoff top. Exhibit 1: a chart … Continue reading
Over the past 20 years, central banks have run a gigantic real-world experiment called “trickle-down.” The basic idea is Keynesian (i.e. the mystical and comically wrong-headed cargo-cult that has entranced the economics profession for decades): monetary stimulus (lowering interest rates … Continue reading