Cheers Darryl for seeing through the Keynesian facade and the accompanying BS media articles pushing their fallacious theories:
… Read more
If we were to use the same methodology for calculating inflation that we used in 1980, it would show inflation today to be at 10% rate. We have simply modeled inflation away through the likes of “Hedonics” (my comput
My Debunking BitCoin Propaganda series of articles during the boom-and-bust period of cryptocurrencies was relatively well-read, mainly because it takes a step back from all the noise and carefully dissects the loud cheers and platitudes crypto pumpers were using to drown out rational thought.
Considering the accurate forecasting of those articles, … Read more
The pump-and-dump is on.
Back when BitCoin and other cryptocurrencies were ascending to unprecedented and irrational highs, I churned out article after article detailing all the analysis from first principles why the real valuation of cryptos is zero, and not $20,000/BTC.
I started writing about the cryptocurrency bubble when BTC was hovering around $… Read more
The pack leader in this debt-driven bubble, Netflix, made another 8% leap today with glowing media reports everywhere noting that subscriber growth beat analyst estimates in the latest earnings report.
If there’s any indicator big enough saying how much risky speculation is fueling this stock market, it is today’s wall-to-wall media co… Read more
Name a period in history where exponentially growing national debt was eventually paid off in full, because a nation’s financial growth was so excessive as a result of the theoretical fruits of modern Keynesian economic policy.
We’re still waiting, but don’t expect it to happen anytime soon, or at all.
Meanwhile, the amount of times ma… Read more
Has a correction arrived and about to reverse course, or is the bubble just now feeling the pressure of the pin?
Let’s translate the numbers that came out from the Toronto Real Estate Board, a report that should be taken with a grain of salt considering the conflict of interest they have in reporting the truth:
… Read more
TORONTO — Canada’s largest real estate
Any politician should be endlessly ridiculed for using the word “free”
“Free” means without cost, and clearly every “free” thing promised by the government comes at a steep cost — the complete opposite of free.
The “free” daycare promised by the current Ontario government which would saddle Ontar… Read more
According to Wikipedia, the Economic Calculation Problem as coined by Austrian economist Von Mises states:
… Read more
[…] pricing systems in socialist economies were necessarily deficient because if a public entity owned all the means of production, no rational prices could be obtained for capital goods as they were merely internal transfers of goo
Scott Adams, Dilbert cartoonist, calls him a “master persuader”.
Perhaps it’s time to give credit to the fashionably unlikable president and acknowledge that Trump knows how to talk. It’s probably also time for most hardcore partisans, whether they are for or against Trump, to start looking at issues pragmatically rather tha… Read more
As a follow-up to yesterday’s article, let’s shift focus to the debt-spending tactics of the federal government, whose nefarious end goals are the same as the Ontario provincial government, but are much more transparent.
Finance Minister Bill Morneau is a little less careful with his words as the ulterior motive behind their so-called R… Read more