This article from Slate does a very decent job at explaining how bad the economic situation is and will most likely remain so for the foreseeable future. Then near the end, the classic Keynesian slip, “That is not to say that there is nothing to be done, of course, or that the current state of […]
‘Bitcoin’ is an interesting example of the future of money. Bitcoin is a non-asset backed and non-state controlled money. With the Fed destroying the value of our money it comes as no surprise that we should start to see such experiments as these. I tend to be skeptical of such non-asset backed currencies, but it […]
By Sean Dempsey, 7/15/23 ‘The lives of the benevolent are perhaps the most besieged.’ The Archbishop of Cheshire whispered madly into the darkness as he made his way between foul-smelling passageways and across dirty streets. Hot tears fell from his eyes and he beat his fists against stone walls as he trudged — almost stumbled […]
