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Elon Musk and Humor

  I support Elon Musk’s idea that Twitter should allow free expression. Social media tends to suppress posts that are not in line with East and West coast progressive concepts. This is a lot different from restricting things like crying,… Read More »Elon Musk and Humor

Lula’s Foreign Policy

 The following is from a email from Foreign Policy magazine: When former—and now incoming—Brazilian President Luiz Inácio Lula da Silva took to the podium in São Paulo on Sunday night following his razor-thin election victory over incumbent President Jair Bolsonaro,… Read More »Lula’s Foreign Policy

Money Is Still Free

Real interest rates are still negative, they are way below the rate of inflation.  The last Consumer Price Index (CPI) inflation reading in August was about 8.3%. The current Fed funds rate is about 2.5%.  The current two- year Treasury… Read More »Money Is Still Free

Big National Debt

  America’s gross national debt exceeded $31 trillion for the first time on October 4.  This happened as interest rates on the debt will be going up and as the US may be sliding into recession.  The debt has grown… Read More »Big National Debt

The Fed and the Economy

The Federal Reserve has been playing fast and loose with the American financial system since the “great recession” of 2008, buying immense amounts of bonds and keeping interest rates near zero.  The last 15 years have been so different from… Read More »The Fed and the Economy