Trump has surrounded himself with a few people who believe that a new Bretton Woods conference will be necessary and they wrongly believe that a return to a gold standard will be beneficial. What they fail to comprehend is that we have had many gold standards in the past and they all failed. Why? […]
Columbia University Economist Joseph Stiglitz says that the United States should phase out currency and move towards a digital economy. All of these people advocating such policies are ignorant of the real world and advocate total government control. Stiglitz told the World Economic Forum that there are “benefits that outweigh the cost.” He hailed India for […]
About 75% of everything Obama did was by Executive Order bypassing Congress. That means that the next president can easily undo 75% of what Obama did by Executive Order. On Monday, Trump signed an executive order formally withdrawing the United States from the 12-nation Trans-Pacific Partnership trade deal keeping his promise from his campaign last year. Trump […]
COMMENT: I read your piece on “The “Trump Revolution” is not about Trump Himself” and I understood this is a global trend. I think one has to be biased and blind not to see the trend is emerging globally. I showed it to a friend and he said you were wrong its all about Trump. […]
Prices in the US are picking up strongly and support the Fed’s arguments for raising interest rates further. The rate of inflation rose by 2.1% in December, according to the Ministry of Labor. This is the highest increase since two and a half years. Some are suggesting this is due to higher gasoline prices and rents in […]
COMMENT: Martin, A story I received: A guy looked at my Porsche the other day and said I wonder how many people could have been fed for the money that sports car cost. I replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the […]
