Bitcoin Is Quantitatively Tightening
This is the diametric opposite of the qualitative-easing campaign that central banks are continuing to tinker with, at our peril.
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Henry Ford Did More for Workers than Unions Did
Henry Ford’s factories had a hard time keeping workers because the work was monotonous. So Ford helped keep workers around through reduced hours, vacation time, and other benefits that are now considered typical.
The Caracas Syndrome
In Venezuela, the stock market goes up because the currency devalues. The same is true worldwide.
Daniel Lacalle : Monetary policy has gone from being a support for structural reforms to an excuse to avoid them
Authored by Daniel Lacalle via The Mises Institute, Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists, who start with a wrong diagnosis: the idea that economic agents do not take more credit or invest more because they choose to save […]
Bharat Karnad : India may be dragged into war against Iran
Modi is a proven sucker for praise and flattery, and Trump’s laying it on thick will be irresistible to him.
Skin in the Game : How a Monk Ended Rome’s Bloody Gladiator Duels
Without knowing the outcome, Telemachus gave his life for something in which he strongly believed.