A whimsical children’s tale to help explain the wonders and audacious logic of tariffs. == Tank Thompson, wild-eyed and grinning, cut off his own ear at recess. Nobody knew why. Maybe it was a dare no one heard … or just a storm inside him finally breaking loose. Blood slicked his neck. He held the […]
Economics
Items that fall within the realm of economic discussion but may not have explicit philosophical or policy statements.
Tariffs are a Trojan Horse
by Sean Dempsey, 04/03/2015 Tariffs Explained Tariffs, often sold as shields to protect a nation’s workers and industries, are in reality a cruel tax that falls hardest on the poor and middle class of the very country that levies them. Far from safeguarding prosperity, they distort markets, inflate prices, and erode purchasing power, as some […]
The Real Cause of Rising Commodity Prices: Inflation, Not a Bubble
By Sean Dempsey, 3/19/25 This is a response to Max Baecker’s terribly misguided recent piece in Forbes. The Real Cause of Rising Commodity Prices: Inflation, Not a Bubble The surge in commodity prices today is not the result of a speculative bubble but rather a direct consequence of inflation caused by a massive expansion of […]
Thomas Massie Was Right in 2020—And America Paid the Price for Ignoring Him
By Sean Dempsey, 3/13/25 Congressman Thomas Massie is once again standing as one of the last true fiscal warriors in Washington, boldly opposing yet another reckless Continuing Resolution (CR) that will further drown America in unsustainable debt. And make no mistake—Massie has been right before, even when it was unpopular. Massie Was Right in 2020—And America Paid […]
The Coming Crash is Unlike any Other in USA History (a Perfect Storm)
History doesn’t repeat itself, but it often rhymes.” – Mark Twain tldr; The US and global economies are on verge of an epic collapse. Before end of this year—and likely even before end of August 2024—we will start to see financial/economic cracks emerge & dominos begin to fall. JULY 14, 2024 – STRATHAM, NH Despite […]
How to Survive (and even Profit by) the Coming Economic Collapse!
NB: There is no “right way” to deal with what’s coming. And what’s coming will be catastrophic. Especially if/when the commercial real estate market implodes (as early as mid 2025). But the most important thing is being able to anticipate the coming issues (before others) and get a leg up to protect you and your […]
The Banking Sector is on Verge of Collapse
Look at this chart! It says everything one needs to know in a single graphic. The problem is orders of magnitude worse than it was before the 2008 financial crisis. Many many many times worse! No, our banking system is not “sound” as your fearless leaders would like you to believe. And the problem this […]
Lockdown Studies
People Suffering from Other Diseases 1.4 million additional tuberculosis deaths due to lockdown disruptions 500,000 additional deaths related to HIV Malaria deaths could double to 770,000 total per year 65 percent decrease in all cancer screenings Breast cancer screenings dropped 89 percent Colorectal screenings dropped 85 percent Projected increase in cancer deaths, including up to […]
Lessons From Yurtle the Turtle
“The only thing that made Yurtle the Turtle an epic failure vs a celebrated hero was TIME. If his turtle stack had stood for even a few years prior to crashing down, people would surely call him a champion for sitting atop the highest mountain ever and staring at the sun with bold determination.” History […]
Keynesian Cheat Sheet
Keynesian CHEAT SHEET: A short primer to help you translate articles when reading these esoteric phrases: “more help from the federal reserve will likely be needed …”Translation: “more heroine is likely needed to be injected into this man dying of a heroine overdose…” “the fed needs to do more stimulus…”Translation: “the us dept of money […]