The next pandemic might be more serious. But if the “experts” try to sound the alarm, the public will have no faith in them. As the continued coronavirus lockdowns come to be gradually recognized as the grave error that they were, we must acknowledge the discomfiting fact that every single elite institution in the world […]
Book Review: The Lords of Easy Money: How the Federal Reserve Broke The American Economy Christopher Leonard. Published by Simon and Schuster Upon receiving the book, at first, a bit of eye-rolling occurred as the dust jacket touts “The New York Times Bestselling author of Kochland.” He also authored Meat Racket, which takes a critical look at […]
https://pricklypear.news/wp-content/uploads/iStock-1162461465-scaled.jpg17092560Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2022-02-09 01:55:532022-02-09 08:44:51Has The Federal Reserve Broken The Economy?
The financial markets swooned in January in response to the statements and growing perceptions that central banks must soon begin the painful task of slowing inflation. The old saw on Wall Street is, “as goes January, so goes the year.” If so, we are in for a very volatile year. The irony is, of course, […]
In 34 of the largest 100 cities, rents spiked by 15%-28%. Tenants get to pay for your reckless monetary policies that made the wealthy far wealthier In January, the median asking rent for one-bedroom apartments increased by 10% or more in 56 of the 100 largest cities in the US, compared to a year earlier. […]
https://pricklypear.news/wp-content/uploads/powell.jpg6831024Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2022-02-07 01:55:312022-02-07 16:00:48Dear Mr. Fed Chair Powell Sir, Rents Are Blowing Out and People are Hurting
On Fox News recently, the leader of an “anti-work subreddit“ with over 100,000 followers, caused a stir by claiming that “laziness” was a virtuous lifestyle choice, which should be freely available. She depicted work as a form of oppression that the woke are justified in resisting in principle. The guest was a part-time dog walker […]
https://pricklypear.news/wp-content/uploads/fat-slob.jpg339509Thomas C. Pattersonhttps://pricklypear.news/wp-content/uploads/logo_2023.pngThomas C. Patterson2022-02-06 02:05:412024-01-17 10:22:49Just What We Need-The Anti-Work Movement
Last November, the Federal Reserve System announced tapering (a gradual reduction of the central bank’s monthly asset purchases to the point of ending the asset purchase program, which means that the Fed would stop increasing its balance sheet). In December, it announced another decrease in monthly asset purchases. And in the last Federal Open Market Committee meeting, held on December […]
https://pricklypear.news/wp-content/uploads/iStock-487808414.jpg8361254André Marqueshttps://pricklypear.news/wp-content/uploads/logo_2023.pngAndré Marques2022-02-05 02:05:272022-02-05 23:45:08The Fed Is Trapped: It Has No Room to Taper or Raise Rates
Voters have been conned into paying an inflated price for inefficient and ineffective policies. As more people, both in the U.S. and around the world, wake up to the reality of spiraling inflation, it becomes clear just how much of the overspending and deficits driving inflation are attributable to self-serving government inefficiencies. As the […]
https://pricklypear.news/wp-content/uploads/House_Prices_Rising_-_51244998966-e1642177792771.jpeg10111599Lewis M. Andrewshttps://pricklypear.news/wp-content/uploads/logo_2023.pngLewis M. Andrews2022-02-03 09:00:592022-01-31 07:26:51Inflation Might Spell Doom For Wokeness
In Ancient times, Greek armies used a battle technique known as a phalanx, which involved soldiers lining up in close formation in a block, with their emblemed shields held high and spears jutting forward or in the air. The tactic was perfected by none other than Alexander the Great, who is said to have gone […]
https://pricklypear.news/wp-content/uploads/cut-red-tape.jpg359478James Broughel & Susannah Barneshttps://pricklypear.news/wp-content/uploads/logo_2023.pngJames Broughel & Susannah Barnes2022-02-01 02:05:462022-01-30 09:57:46Arizona’s Army of Reformers is Defeating Red Tape
Last August we presented a two-part series about the investor’s dilemma (The Investor’s Dilemma: Part 1, The Investor’s Dilemma: Part 2). That series was intended to warn our readers that the level of speculation in various investment sectors had reached what appeared to us to be a fever pitch and that it was unnaturally supported […]
Joe Biden began his train wreck of a presidency a year ago by putting America last and never looked back. On his first day in office, he canceled the Keystone XL pipeline, which would have supported thousands of well-paying jobs while lowering energy prices. If constructed, the 1,200 mile pipeline would have carried 830,000 barrels […]
All The Institutions Failed
/in Culture War, Economy, Education, Healthcare, Liberty, Politics/by Jason GarshfieldThe next pandemic might be more serious. But if the “experts” try to sound the alarm, the public will have no faith in them. As the continued coronavirus lockdowns come to be gradually recognized as the grave error that they were, we must acknowledge the discomfiting fact that every single elite institution in the world […]
Has The Federal Reserve Broken The Economy?
/in Economy, Featured, Politics/by Neland NobelBook Review: The Lords of Easy Money: How the Federal Reserve Broke The American Economy Christopher Leonard. Published by Simon and Schuster Upon receiving the book, at first, a bit of eye-rolling occurred as the dust jacket touts “The New York Times Bestselling author of Kochland.” He also authored Meat Racket, which takes a critical look at […]
The Interest Rate Puzzle
/in Economy, Featured, National Security, Politics/by Neland NobelThe financial markets swooned in January in response to the statements and growing perceptions that central banks must soon begin the painful task of slowing inflation. The old saw on Wall Street is, “as goes January, so goes the year.” If so, we are in for a very volatile year. The irony is, of course, […]
Dear Mr. Fed Chair Powell Sir, Rents Are Blowing Out and People are Hurting
/in Economy, Featured, Politics/by Wolf RichterIn 34 of the largest 100 cities, rents spiked by 15%-28%. Tenants get to pay for your reckless monetary policies that made the wealthy far wealthier In January, the median asking rent for one-bedroom apartments increased by 10% or more in 56 of the 100 largest cities in the US, compared to a year earlier. […]
Just What We Need-The Anti-Work Movement
/in Culture War, Economy, Featured, Liberty, Politics/by Thomas C. PattersonOn Fox News recently, the leader of an “anti-work subreddit“ with over 100,000 followers, caused a stir by claiming that “laziness” was a virtuous lifestyle choice, which should be freely available. She depicted work as a form of oppression that the woke are justified in resisting in principle. The guest was a part-time dog walker […]
The Fed Is Trapped: It Has No Room to Taper or Raise Rates
/in Economy, Featured, Liberty, Politics/by André MarquesLast November, the Federal Reserve System announced tapering (a gradual reduction of the central bank’s monthly asset purchases to the point of ending the asset purchase program, which means that the Fed would stop increasing its balance sheet). In December, it announced another decrease in monthly asset purchases. And in the last Federal Open Market Committee meeting, held on December […]
Inflation Might Spell Doom For Wokeness
/in Culture War, Economy, Featured, Liberty, Politics/by Lewis M. AndrewsVoters have been conned into paying an inflated price for inefficient and ineffective policies. As more people, both in the U.S. and around the world, wake up to the reality of spiraling inflation, it becomes clear just how much of the overspending and deficits driving inflation are attributable to self-serving government inefficiencies. As the […]
Arizona’s Army of Reformers is Defeating Red Tape
/in Economy, Featured, Liberty, Politics/by James Broughel & Susannah BarnesIn Ancient times, Greek armies used a battle technique known as a phalanx, which involved soldiers lining up in close formation in a block, with their emblemed shields held high and spears jutting forward or in the air. The tactic was perfected by none other than Alexander the Great, who is said to have gone […]
Needles and Bubbles
/in Economy, Featured, Politics/by Neland NobelLast August we presented a two-part series about the investor’s dilemma (The Investor’s Dilemma: Part 1, The Investor’s Dilemma: Part 2). That series was intended to warn our readers that the level of speculation in various investment sectors had reached what appeared to us to be a fever pitch and that it was unnaturally supported […]
Revisiting Keystone XL and Biden’s False Promise of ‘Green Jobs’
/in Economy, Environment, Featured, Politics/by Kevin MooneyJoe Biden began his train wreck of a presidency a year ago by putting America last and never looked back. On his first day in office, he canceled the Keystone XL pipeline, which would have supported thousands of well-paying jobs while lowering energy prices. If constructed, the 1,200 mile pipeline would have carried 830,000 barrels […]