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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label deficit spending. Show all posts
Showing posts with label deficit spending. Show all posts
Sunday, August 23, 2026

Why Isn't Gold Acting Like a Safe Haven—Yet? Part III: Is This Gold's Next Leg Up?

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  First of all there is need to remember that the gold standard did not collapse. Governments abolished it in order to pave the way for infl...
Sunday, August 09, 2026

Stagflation Part 14: Q2 GDP at 2.3% and Falling — A GDP Built on Suppression and Debt

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   Public choice theory predicts exactly this: concentrated benefits and dispersed costs produce political pressure for expansion. Soverei...
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