People whose incomes depend on the promotion of false economic theories do not take kindly to the promotion of true economic theories.

My guess why the immense money supply inflation in the past decade has not until now resulted in price inflation is that 1) there has been great increase in productivity due to the IT industrial revolution and 2) the Chinese have soaked up a lot of the newly created dollars.

But now the chickens are coming home to roost. The price inflation is going to be permanent.

Let’s face it, the MAGA people are idiots, politically naive, and easily led.

So, without those FBI agents provocateurs, the Capitol riot might not have happened. Who knows?

I think we should have mercy on these poor guys.

But it’s true that the 1/6 protest was a big mistake. It hurt Trump, for example. And it is nonsensical for the right to use the left’s tactics.

For people who do not perceive the unseen in the economic “what is seen and what is unseen,” I suppose ignorance is bliss.

The COVID vaccine genocide will be worse than Communism. Amazing how easy it was to get the masses to line up to be poisoned.

But perhaps Bill Gates will enjoy a cooler climate.

“With modern means it would be easy to wipe out humanity at one blow,” says Mises. “How much more efficient than the guillotine of Robespierre are the machine guns of Trotsky!”

And the vaccines are superior still.

Janet Yellen is creating a tax cartel to loot people more efficiently, and of course she trash-talks to the effect that

The global minimum tax would also help the global economy thrive, by leveling the playing field for businesses and encouraging countries to compete on positive bases…

It’s not like she’s legislating a global maximum tax.

Facebook likes it for the usual reasons: the cartel will harm it less than it will harm its smaller competitors.

Sick dude. I hate the state.