I’ve been contemplating recording an episode where I give my thoughts on what we see going on around us. We live in a world at war, inflation is running rampant, and the future is uncertain, so I wanted to put something out there to help make sense of what we’re...
Rents rose 0.5% last month in another of a series of sharp increases since last summer. The cost of rent — the biggest expense for many households —has jumped almost 4% in the past year. Food prices also increased again, up almost 1% in January. The cost of groceries...
The news is back or is it? How much longer can I do this strip before no one watches TV news anymore? More comics at the Webcomic Factory.
How about we do something novel in the new year? Let's stop worrying about the stuff most politicians, pundits, and activists want us to worry about and instead think about ourselves, our families, our friends, and whatever communities we choose to be part of. Let's...
Since the first assault on Turkey’s finances in 2018, which I wrote about multiple times (here, here, and here), I’ve been the lone voice telling everyone that President Recep Tayyip Erdogan is a lunatic but he’s a lunatic with a plan. That plan is to de-dollarize the...
"But inflation becomes a political bitch. People – those who work for a living – hate it when they lose purchasing power, and they hate it when their raise gets eaten up by inflation, and they hate it when their dividends and interest income get eaten up by inflation....
The government's attraction to borrowing is hardly a mystery. If the politicians had to extract every dollar they wanted to spend directly from the taxpayers, they might have a revolt on their hands--a bad career move for sure. Borrowing tends to make people more...
"Thank god for Bitcoin and other non-fiat currencies that transcend the irresponsibility of government"
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