The Pros and Cons of Low interest Rates
We were once a nation of savers. Now, we are a nation of debtors. How did we get there?
Standard
Bad Economic Policy + Bad Economic Policy = Economic Disaster
How do you make a bad problem worse? Do more of whatever created the problem. Vice President Harris’ plan to give $25,000 “down payment support,” in addition to a $10,000 tax credit, to first time home buyers1 will exacerbate inflated housing prices. The cheap and free money era of the virtual 0% Federal Funds Effective…
Election | Federal Reserve | Finance | Housing Prices | Inflation | Interest Rates | Political Strategy
The Federal Reserve and the Price of Political Policy
The Federal Reserve is adrift in a political swamp. Policy based in politics always has a cost that is not immediately apparent.
Tucker & Dave vs Evil: The Baby Boomers Diabolical Plot to Destroy Society
Tucker Carlson did a 2-hour 21-minute interview with Libertarian Dave Smith. He posted it on May 16, 2024.1 By May 25, the video had 1,132,743 views. The comments on the interview ranged from favorable to adulatory. While I agreed with a few of the viewpoints, I questioned more than those where I found agreement. The…
AI & Behavioral Science: A Toxic Cocktail
A combination of Artificial Intelligence and Behavioral Science may prove to be more than society can handle.
Jon Stewart invents Tucker Carlson narrative, insults Polish people, and links urinal-caked subways to freedom in 15-minute marathon
Jon Stewart used to be one of my favorite comedians. I quit watching Comedy Central when he left The Daily Show. When he returned, I was looking forward to getting good comedy with an intellectual edge. Then I saw his commentary on Tucker Carlson’s interview with Putin.1 He highlighted the segment regarding Putin’s oratory on…
Election FUD
Fear, Uncertainty, and Doubt, FUD, is political strategists’ recipe to sway elections through the media. Voters are the target audience.
Artificial Intelligence is Only Human
AI delivers more than information; It provides opinions. Societies that develop an intellect gap, risk dependence on AI to fill the void.
The Meritocracy Myth
What is a “meritocracy?” “Going back to a meritocracy” may mean returning to a place we’ve never been. Merit based rewards are elusive.
Interest Rates: The Good, The Bad, and The Reality
Low Interest Rates seem like the panacea, but could they be the problem? The inflationary costs of cheap money and free money have been hidden for too long.
Stock Market Mania: A Retrospective Analysis
Greed and Fear often obscure the facts in the stock market. This is a look back to gain perspective on current market movements.
A Federal Reserve Bank President Worth Remembering
Federal Reserve Presidents’ logic have lasting impact on the economy and our financial resources. Good Fed Presidents of the past are worth remembering.