In my mathematical analysis of the wage hike, I claimed:
The minimum wage increase does nothing in relative terms, but increases everything in absolute terms. It is pure, immediate inflation.
Anecdotally, within just the first few days of this legislation in effect, everyone has seen the immediate inflation in consumer prices, and if not, the immediat… Read more
As of the time of the writing of this article, BitCoin has eclipsed $15,000 USD/BTC, nearly double its value from a month ago. Similarly, another cryptocurrency which I tout as technologically better than BitCoin due to its more privacy friendly transactions, Monero, has nearly tripled in the same timeframe.
Finance Minister Charles Sousa unveiled the plan in the province’s fall economic statement Tuesday afternoon. The corporate tax rate for small businesses will fall from 4.5 per cent to 3.5 per cent effective Jan. 1, 2018, the same day the province will increase its minimum wage from $11.60 to $14.
The Keynesian t… Read more
Trading at nearly 300 times earnings, the debt-fueled stock market has placed a considerably high valuation on Netflix.
Netflix is a microcosm of the world. Just as most consumers and nations are debt ridden, overly speculative, and at the peak of irrational exuberance, so is Netflix.
… Read more
On Thursday, Twitter reported a third-quarter loss of $21 million, or 3 cents per share. Excluding one-time items, the company earned 10 cents per share in the latest quarter.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The company posted re
Take a look at this screen grab of the real estate headlines at CP24.com (Canadian Propaganda 24 hours a day):
Affordability is the worst, yet prices are near the bottom?
Nothing is technically “affordable” nowadays in a Keynesian powered economy. No one is encouraged to save, and everyone (government included) relies on debt, a.k.a. future … Read more
One James confirms the suspicion of another James.
James O’Keefe III and his team at Project Veritas has verified what many other rational thinkers, including James Damore, have long theorized about big tech companies. Companies such as Alphabet (YouTube, Google) and Facebook have had their internal offices infiltrated with postmodernist zeal… Read more
Yahoo! recently revealed that all of its 3 billion accounts were compromised, up from its initial estimate of 1 billion.
… Read more
“Whether it’s 1 billion or 3 billion is largely immaterial. Assume it affects you,” Curry said. “Privacy is really the victim here.”
Yahoo first disclosed the breach in December . The stolen informat
Another day, another overreaching bill being passed in Ontario, Canada.
This time it’s a “consumer protection bill” proposed by the Ministry of Government and Consumer Services:
… Read more
TORONTO — Ontario is set to introduce ticket sale legislation today that would ban so-called scalper bots and impose new rules on reselling ticke
Following up from yesterday’s blog post: if news outlets from big media are the supposed purveyors of truth, then what do they have to hide by disabling their comments section in their YouTube videos?
The truth should be able to stand up on its own in an open marketplace of ideas.
CBC’s The National managed to shut down the comments sections on mos… Read more