Tag: Republicans

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Federal Reserve’s true dual mandate: No central bank in its right mind wants to reduce inflation.

The takeaway … I like to take a common man approach to understanding what is happening at the Federal Reserve, at least I try to. We hear all the academic and political explanations for why the Federal Reserve System exists, how it came about, etcetera, etcetera. Last night during the GOP presidential primary debates held … Continue reading Federal Reserve’s true dual mandate: No central bank in its right mind wants to reduce inflation.

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Traders should not care whether a candidate is Republican or Democrat. It’s the tax flow that matters.

People connect for the purpose of exchanging value. No value, no reason to connect. Money is energy that we exchange with each other. The State seeks to extract a portion of that energy in the form of taxes. It uses market transactions as generators of taxable events. The taxes collected on these events fund the … Continue reading Traders should not care whether a candidate is Republican or Democrat. It’s the tax flow that matters.

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The United States, in general, and Republicans in particular, have a lot of hate for China …

America was happy with China as long as they stayed in their lane manufacturing cheap electronics and apparel and exporting them to the United States. And silently, Americans must have been cheering on China’s “One Child Policy”; anything to keep the Yellow Horde’s population under control. Continue reading The United States, in general, and Republicans in particular, have a lot of hate for China …