The Weakening Dollar Who says the Dollar is weakening? That’s not possible. The Dollar is the world’s preeminent currency, its Reserve Currency, the cornerstone of global commerce. The US Dollar is the very definition of “money” …, and the facts show that it’s...
The Failure of Rent Control Rent control as a policy has failed. It is a primary cause of the urban housing shortage. The New York Times in December ran an editorial praising New York State’s recently-enacted tenant protection laws: “Evictions are Down. Thank New...
The Death of The American Dream? Is it over? Has the Dream that made America great succumbed to the ravages of time … the effects of bad government … the consequences of wrong-headed policy-making? Has the American Dream somehow become the American Nightmare? Or is...
Axis of the Sanctioned, a Part 2 Postscript It was almost as if President Trump had read the January 2nd TLR, “Axis of the Sanctioned, Part 2,” and taken its message to heart. That night he made the decision to temporarily suspend America’s pacifist/do-nothing foreign...
Axis of the Sanctioned, Part 2 “The enemy of my enemy is my friend,” the catchphrase in the June 21st TLR, is attributed to a 4th Century B.C. Sanskrit treatise on statecraft. It has unfortunate important applications today as America’s enemies find comfort and security...
Japan’s Economic Wormhole[1] The December 12th TLR contrasted the belief of Inflationists that America is on the cusp of an inflationary spiral and of Deflationists who believe that America is doomed to years of ongoing deflation … and concluded that both are right. We today...