Powell Warns of Stagflation
Socrates has honed in on 2025 becoming a year of great stagflation in the United States. The Federal Reserve has finally admitted that the data is undeniable—the United States will [...]
COMMENT: Here in France, they are blaming this flood on global warming. It seems that anything to do with weather they point to global warming and want more regulation.
REPLY: While France’s rainfall levels in May were the highest since 1873, it was the 1910 flood that was the most devastating. Before automobiles, Paris was flooded and remained so for two months. I fail to understand how raising taxes and piling more regulation will stop rain. But, what do I know.