The flip side of falling interest rates is the rising price of bonds. Bonds are in an endless, ferocious bull market. Why do I call it ferocious? Perhaps voracious is a better word, as it is gobbling up capital like the Cookie Monster jamming tollhouses into his maw. There are several mechanisms by which this occurs, let’s look at one here.
“Thoughts and prayers won’t stop the next attack. This war against civilization must be fought or lost.”
Unless or until you start to rethink your stance, you have no business expressing compassion towards the victims of people in attacks whose perpetrators – knowingly or not – you aid and support via your positions.
What distinguishes the West, namely Britain and the U.S., from other nations are the extraordinary measures they took to abolish slavery.
Many people agree that it’s important to move to a free market in money (i.e. the gold standard). They also say that it’s just as important to fight bad taxes and regulation. In their view, government interference in the economy is like friction in a car. The more friction you add, the slower the car goes. One source of friction is much the same as any other.
Let me explain why money doesn’t quite work that way, using a few examples.
“A powerful, politically influential person using his power to steal, essentially, somebody else’s private property for his own private profit,”
The media attacks Dr. Carson because he is a black figure that is a threat to the left’s vision and the Democrats’ voting base.
If “climate change” and “global warming” are, in fact, problems facing people on Planet Earth, it is due to an atmospheric tragedy of the commons.
People who do not like capitalism, private property and profits in principle often seem to like and embrace its results, in practice.
CAPITALISM REVIEW