The Lonely Realist is a bridge across the partisan gap, raising questions and making pointed observations about politics, economics, international relations and the markets. Its goal is to raise awareness and inspire thought on controversial issues that impact America and Americans, highlighting issues that should be, but rarely are, the focus of bipartisan discussion.

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In seeking to promote dialogue, The Lonely Realist is not an advocate of conclusions or remedies. To the extent perceived biases leak into these pages, as they sometimes do, please ignore them. They are inadvertent missteps.

  • “Reserve currencies never die; they just fade away.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... A number of readers have challenged TLR’s assertion that the US Dollar’s “exorbitant privilege” is eroding. They are skeptical that any level of actual de-dollarization is...

  • “What does a declining U.S. population portend?” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... The U.S. Census Bureau recently reported that America’s population for the 12-month period from July 2024 to July 2025 increased by only 1.8 million, or 0.5%…, which...

  • “That’s a quote from a reader. Government numbers are confusing. Can they be reconciled?” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... The recent inflation data released by America’s Bureau of Labor Statistics (BLS) was tame. The Consumer Price Index (CPI) rose...

  • “America is at war with the world…, and the world has caught on.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... If you’ve been avoiding the news – as many are apt to do these days –, you may be unaware of...

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More by TLR

The Seeds of Economic Decline

“Populist policymaking can be extraordinarily destructive.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… Both Republican MAGAism and Democratic Party Progressivism have found sizable voter bases among “ordinary people who feel that their concerns have been disregarded by established elites” – an

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The Autocrats’ Playbook*

The Autocrats’ PlaybookLoading the Elevenlabs Text to Speech AudioNative Player… You have to hand it to Hungary’s Viktor Orban. Although he didn’t write The Autocrats’ Playbook, he has most certainly – and successfully – followed it. Of course, you also have to hand it to

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The Meaning of Free Speech

The following are two readers’ comments on this week’s commentary, “Ben Shapiro: Lions and Scavengers”:Loading the Elevenlabs Text to Speech AudioNative Player… Comment #1: Thanks for your messaging on Charlie Kirk, but you completely missed Kirk’s point. Instead of emphasizing that speaking out on virtually

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William (Bill) Natbony is The Lonely Realist, its author and originator. The opinions expressed in TLR are solely Bill’s opinions, have not been edited or reviewed, and do not reflect the views or opinions or any other person.