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Food For Thought

Thom writes, re "Prescription For Violence: The Corresponding Rise of Antidepressants, SSRIs & Mass Shootings": I am a psychopath. I am a family man, I own guns. I would never go out and shoot innocent people. I think calling psychopaths murderous people it’s not...

The Dangerous Chinese Fork Manufacturing Gap

It's a matter of national security! CNBC: "How a tiny flatware manufacturer in upstate New York could win big from $738 billion defense bill": “Manufacturing in general is a strategic asset for our country,” Roberts said. “If you can’t make things, you rely on other...

I Think I Finally “Get” The Economy

So more big Fed cash floods into the market? Back during QE2 you had partisan hack Krugman rationalizing it all (though QE had little to do with his Keynesian philosophy).  Guys like Bob Murphy were saying, "Yep, this is it, get ready for the inflation."  And then it...

ISIS Leader Baghdadi Is Dead

ISIS Leader Baghdadi Is Dead

On FPF #412, I break down the death of ISIS leader al-Baghdadi. Baghdadi is reported to have killed himself - and three of his children - after being cornered by US forces. I discuss what his death means for the future of ISIS. Trump gave a speech announcing...

Deficits Don’t Matter

Until they do. The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday. The difference between federal spending and revenue...

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