Footnotes to Plato from the foothills of the Superstition Mountains

Category: Political Economy

  • Nancy Pelosi in 1996: A Pre-Trumper on Tariffs

    You have probably seen this by now, but in case you haven't, here is Nancy Pelosi in 1996 talking sense! I didn't think she had it in her, given the inanities she has been spouting for the last quarter century. I don't see much if any difference between what she said then about  tariffs, trade…

  • RINOs Terrified by Tariffs

    Pat Buchanan writing in 2018 made the case for tariffs. But only the Orange Man can implement them. 

  • Central Bank Digital Currency

    It is already upon us. Fifty Shades of Central Bank Tyranny. In this article, I will define what a Central Bank Digital Currency is by exploring its major categories. I’ll demonstrate that the US already operates with a form of CBDC, albeit without the flashy labels. I will also show that the Federal Reserve (the…

  • U. S. Treasuries Still a Safe Haven?

    Argument contra. Excerpt: Even though the U.S. government’s debt-fueled spending response began as a national emergency under former President Trump, excessive spending continued under the Biden-Harris administration. It continued long after the emergency faded and continues today. By continuing it, the Biden-Harris administration squandered the opportunity to refill the U.S. government’s credit reservoir to restore…