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France Again Being Forced To Stimulate Is Bad News

September 7, 2020

France Again Being Forced To Stimulate Is Bad News France Holds Title Of World’s Most Visited Nation On Thursday the French government rolled out a new stimulus plan The fact France is again forced to stimulate its economy should be viewed as bad news. The move reflects the reality that all is not well and […]

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Blain’s Morning Porridge – 21st August 2020 – John Law’s MMT revisited

August 21, 2020

  Blain’s Morning Porridge – 21st August 2020 – John Law’s MMT revisited “Earlier today apparently a woman rang the BBC and said she had heard that there was a hurricane on the way. Well if you are watching, don’t worry, there isn’t.” It’s blowing a full hooley out there this morning, which is very bad news […]

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Dollar’s Purchasing Power Drops to Lowest Ever. Inflation Heats Up, as Fed Wants, After Simultaneous Supply & Demand Shocks

August 13, 2020

Dollar’s Purchasing Power Drops to Lowest Ever. Inflation Heats Up, as Fed Wants, After Simultaneous Supply & Demand Shocks “We’re not even thinking about thinking about” slowing the decline of the dollar’s purchasing power — and thereby labor’s purchasing power. A supply shock and a demand shock came together during the Pandemic, and it produced […]

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Bankrupting America

April 8, 2020

Bankrupting America Source: AP Photo/Alex Brandon Two weeks ago, President Donald Trump signed the largest stimulus bill in U.S. history: more than $2 trillion. For once, both Republicans and Democrats agreed. The Senate voted 96-0. The House didn’t even bother with a formal vote. At the White House, a reporter asked the president, pointing out […]

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Atlas Is Shrugging

March 31, 2020

Atlas Is Shrugging “Government help to business is just as disastrous as government persecution… The only way a government can be of service to national prosperity is by keeping its hands off.” – Ayn Rand Congress has just approved an economically bloated $2.2 trillion spending relief bill, an amount more substantial than the GDP of all […]

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Government Spending, Edging Up, Is a Stimulus – NYTimes.com

January 1, 2015

Government Spending, Edging Up, Is a Stimulus – NYTimes.com. NAPLES, Fla. — For a long stretch, government spending cutbacks at all levels were a substantial drag on economic growth. Now, finally, relief is in sight. For the first time since 2011, local, state and federal governments are providing a small but significant increase to prosperity. […]

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