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...
The U.S. Constitution and The Rule of Law America was founded on and has flourished by observing the Rule of Law, the foundation of democracy embedded in the Constitution and largely explained in the Federalist Papers. The Rule of Law means that all Americans, whether...
The Confrontation Between The Inflationists and The Deflationists The battle lines have been drawn for quite a while between The Inflationists – who believe that economic forces are pushing the world into spiraling inflation – and The Deflationists – who believe that entirely different economic forces...
The Dismal Science Economics has been called “the dismal science” for any number of good reasons. It was first referred to as “dismal’ in 1849 when Victorian philosopher Thomas Carlyle used the term derogatorily to refer – depending on your historical perspective – either to...
What if There were No More Recessions? What if Central Bankers have figured out how to successfully manage the global economy? What if they are in the process of engineering a soft economic landing for the world’s major economies …, a landing so soft that...