$600 Stimulus Checks Won’t Pull America Out Of This Mess
As our politicians spend hundreds of billions on other nonsense, we are supposed to be deeply grateful to them for tossing a few hundred bucks our way… Well, it looks like we are going to get $600 stimulus payments from the federal government after all. Oh goody! ...
Monetary and Fiscal Policy Won’t Help The Economy This Time
Remember all those “green shoots?” That was the ubiquitous phrase used by White House officials and TV talking heads in 2009 to describe how the U.S. economy was coming back to life after the 2008 global financial crisis. The problem was we did not get green shoots;...
Governments Can’t Fix This Economic Crisis They Caused
It is ludicrous to try to stimulate demand with printed money and public spending in a forced lockdown… Before analyzing the emergency plans that the global economy needs, we must remember that, as in the past, the prudence and responsibility of the civil society and...
Everybody Gets A Paycheck Under Trump! (RTD News Update w/ Mike)
If you have not seen the press conference from Monday evening, here’s the bottom line: The government is going to do “whatever it takes”! And that means spending lots and lots of unbacked, debt-based fiat currency which doesn’t come from savings, but rather, from...
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