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Trigger Warning: Bernie’s Socialism for the RichConsiderations of subsidy, cost and tax dominate public debate around U.S. social spending. People like Bernie Sanders and AOC want the government to pay more of the excessive costs of life in the United States, which are far higher than our peers. But that doesn’t address why these things are so expensive in the first place — and why they will get even more expensive if the government starts to subsidize them. Building on my longstanding interest in market structure and public policy, in today’s video — sure to be controversial! — I explain why the most progressive approach to solving America’s problems is in some ways the most conservative one.
Geothermal Is So Hot, Uncle Sam’s Crypto Grab Bag & EMF Is Unbelievable
September 24, 2021 Great StuffFriday Feedback: The “We Will Rock You” Edition Buddy, you’re an investor, make a big noise playing on the Street, gonna make some big gains someday! You got mud on your face… Actually, that’s not as bad as it sounds — the mud on your face, that is. ‘Cause today, we’re talking about investing in […]
Who Is Master of YOUR Fate?I’ve emphasized the centrality of U.S. government policy to your investments for 18 months. Whether it’s the Federal Reserve, stimulus payments, infrastructure bills or the fight against COVID, what the public sector does has had an outsized influence on stock prices. In theory anyway, the people making those decisions are accountable to us as citizens, taxpayers and voters. But the last few weeks show that decision-makers who aren’t accountable to anyone can have a far greater impact.
CPI Why?, She Sells FuelCells & Elon Shrugged
September 14, 2021 Great StuffAn Economic Symphony Of Destruction You take a pandemic and put it in control. Watch it become a god. Watch peoples’ portfolios roll. And roll. And roooooll! Wow … that’s quite the headline there. Economic “Symphony Of Destruction?” Megadeth? Oh boy, mayhem! Yeah, I might be rollin’ a bit heavy today on the sensationalism … […]