“Woke ideology was heavily subsidized because of this fundamental economic dislocation that was built into the system starting in 2008. And now, 17 years later, the whole world’s gone insane because woke ideology has taken over corporate America and education,” says Jeffrey Tucker, founder and president of The Brownstone Institute and the senior economics columnist for…
On the Path to Hyperinflation
October 7, 2022
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Business & MarketsBusiness ColumnistseconomyFederal Reservehyperinflationinflationinterest ratesrecession
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Commentary I have had a series of conversations lately on how did we, the world, get to this point? I think that it’s a valid question, considering how well things were in the 1990s after the Soviet Union had collapsed. The really interesting follow-up question is: Has this deterioration been a series of mere random…
Inflation: State-Sponsored Terrorism
This talk was delivered on Sept. 3, 2022, at the Ron Paul Institute conference in northern Virginia. I. Introduction Remember the quaint old days of 2019? We were told the U.S. economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if COVID had not come along, there is…
Imagine the Unimaginable
Commentary Americans are now entering uncharted, revolutionary territory. They may witness things over the next five months that once would have seemed unimaginable. Until the Ukrainian conflict, we had never witnessed a major land war inside Europe directly involving a nuclear power. In desperation, Russia’s impaired and unhinged leader, Russian President Vladimir Putin, now talks…
Victor Davis Hanson: Imagine the Unimaginable
Commentary Americans are now entering uncharted, revolutionary territory. They may witness things over the next five months that once would have seemed unimaginable. Until the Ukrainian conflict, we had never witnessed a major land war inside Europe directly involving a nuclear power. In desperation, Russia’s impaired and unhinged leader, Russian President Vladimir Putin, now talks…
The Fed’s Inflationary Nightmare Has One Clear Crypto Winner
Commentary Future economists may well look back at the end of 2020 as the moment when the most powerful central bank in the world flinched and decentralized finance came of age. In retrospect, that was when the Fed publicly lost control of inflation and its own credibility in the process. After all, the time to…
The Wheels Are Coming Off the Biden Economy
Commentary A good friend who owns a major auto dealership in the Dallas area recently told me he typically has about 500 to 1,000 cars and trucks on his lot. Now, he has 15. That’s how severe the supply chain problem has become. He said people are buying cars over the sticker price. You usually…
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