Economists like to claim that expectations of more inflation lead to, well, more inflation. Such beliefs ignore the fact that inflation is an increase in the money supply and that general price increases result from fractional reserve-created monetary expansion.
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Once upon a time, I was an avid social media user. Now, not so much. Social media make up a minimal part of my news diet and my day. I can pinpoint several reasons for this. But its effects are harder to gauge. Has cutting back on social made me or my life better? I’m not sure. I’m definitely happier overall now than I was in my most prolific social media days, but my life has changed in […]
Consuming more of this Ultra-Processed World is not a path to “the good life,” it’s a path to the destruction and derangement of an Ultra-Processed Life. The digital realm, finance, and junk food have something in common: they’re all ultra-processed, synthetic versions of Nature that have been designed to be compellingly addictive, to the detriment of our health and quality of life. In focusing on the digital realm, money (i.e. finance, “growth,” consuming more as the measure of all that is good) […]
From Monday’s decision by Judge Edmond Chang (N.D. Ill.) in Lopez v. Fasana: [According to the Complaint,] April Lopez worked at Disney II Magnet High School as a chief engineer from October 2021 through April 2023. Although the school takes the name “High School,” the school teaches students from Grade 7 through 12. She was not a direct employee of the Chicago Public Schools system; instead, she worked for Eco-Alpha, a subcontractor of Jones Lang LaSalle (the giant […]
New tariffs imposed: Yesterday, President Donald Trump announced he would impose a 25 percent tariff on all imported cars starting April 3, and car parts starting May 3. Half of cars sold to Americans are imported. Those that aren’t imported include imported parts, with roughly 25 percent of American-made cars containing foreign components. “Shares of Toyota Motor Corp. dropped 2% in Tokyo,” reports Bloomberg. “In Europe, Stellantis NV fell 4.1%, Valeo SE sank 5.1%, Porsche AG declined 4.3% and Mercedes-Benz Group AG dipped 3.5%. Shares of General Motors […]
