Friday , 22 November 2024

Search Results for: Monty Pelerin

There is NOTHING Wrong With Outsourcing or Free Trade. Here's Why

Outsourcing is a good thing, despite our two presidential opponents excoriating each other over it.... Trade xenophobia is a political tool to divert blame from where it belongs - government - [and]...politicians who talk about “fair” trade are just trying to justify more protectionism...[which] always make people poorer rather than MORE prosperous. [Let me explain.] Words: 430

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Nothing Can Be Done to Avoid Coming World-wide Depression! Here’s Why (+4K Views)

Governments everywhere are becoming more distressed and desperate as economic realities dominate the political doublespeak. The world is at a dangerous point. Much of what we thought we knew and assumed regarding governmental behavior and economics is beginning to be reassessed. Governments of the world are out of money and out of ideas. The ponzi scam that has been perpetrated for over fifty years is collapsing under its own weight. There are not enough suckers and capital left to sustain the fraud. [Let me explain further.] Words: 999

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Further QE Would Amount to _issing in the Wind! Here's Why

"… those who are waiting for the Fed cavalry to ride over the hill and rescue the economy are doomed to disappointment....The banks are awash in loanable funds, businesses are cash-rich and opportunity-poor, and interest rates are already so low that lower still will not attract borrowing....More liquidity is unlikely to impart more impetus to the sluggish economy…. Congress and the President should not count on the Fed to bail them out of their mistakes…. Central banks are unable to help in the face of persistently flawed economic policies."

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