In a letter to TLR on June 27, 2021, the "Delphic Oracle" offered predictions about America's economy, projecting ongoing asset inflation due to the Fed continuing its QE money-printing – which indeed continued – leading to higher stock prices (TINA) – which it did –,...
“Buy the dip! Sell the rally!” – The Lonely Realist The markets are wacko! What are they going to do next? Will stocks again start climbing the proverbial stairs back up to record heights … or will they continue riding the elevator down to depressing lows?...
“Too much government means less individual autonomy and freedom.” – The Lonely Realist “Government is not the solution to our problem, government is the problem” is an oft-quoted Ronald Reaganism that states the conservative view of American government as a bureaucratic behemoth that intrudes in individuals’...
“Legislation used to be about making better laws. Law-making today too-often is partisan theater.” –The Lonely Realist You’ve no doubt read about Florida’s law, HB 1557, titled “Parental Rights in Education” and labeled the “Don’t Say Gay” bill. It’s a new partisan battleground because, according to...
“If you want more of something, subsidize it. If you want less, tax it.” –Ronald Reagan “And if you want less efficient markets, over-regulate them.” –The Lonely Realist There are good regulations and bad regulations. In a nation that has flourished under the Rule of Law, clarification-by-regulation...