Politics
It’s not enough for an ideology to merely have a “good argument.” Historical conditions must also combine to delegitimize the regime and its institutions.
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The Shiller CAPE ratio has only been higher once in 150 years. The Buffett indicator is 2.5 standard deviations above trend. 40% of the...
It’s not enough for an ideology to merely have a “good argument.” Historical conditions must also combine to delegitimize the regime and its institutions.
Bob responds to a new working paper from the Geo-chartalism project, which claims to offer a complete theory of the price level by combining...
DOJ prosecutor Gaston replied: “I would like to take a special assignment of finding and prosecuting [habited nuns].”
” Wall Street cannot be counted on to do anything to move the American monetary system towards the proper sound money standard we so...
In 1971, when the last formal link between the dollar and gold was severed, more than a monetary system collapsed.