not-so-modern-monetary-theory

Not so Modern Monetary Theory

What is valid about Modern Monetary Theory isn’t modern, and what is different about it is, and has always been, whack. Modern Monetary Theory is a heterodox theory arguing that the deficit is a shibboleth. With fiat money, there should be no fear of deficit spending. If the economy is underperforming, just have the government…

rabobank:-welcome-to-europe’s-new-(ab)normal

Rabobank: Welcome To Europe’s New (Ab)normal

Rabobank: Welcome To Europe’s New (Ab)normal By Bas van Geffen, senior market strategist of Rabobank It was a wild ride for Europe this week. Italian PM Draghi resigned, triggering snap elections in the country. These are scheduled for 25 September. The elections will delay talks on the 2023 budget and the implementation of structural reforms.…

re-imagining-medicine

Re-Imagining Medicine

Reprinted from EconLib Twice per year a group of medical students and I put on a “Mini Medical School” for high school students in our city’s public school system. About 50 students, nearly all from disadvantaged backgrounds, gather for a day at our medical school, attending a special class and learning a variety of medical…

where-in-the-world?

Where In The World?

As Good Citizens look around objectively at the state of the world post-plandemic and begin to assess the next stages of globalist social engineering, one of many inevitable questions emerges, but perhaps none more important than: Where is the best place to live to counter or avoid the harsher aspects of their continued reset agenda? The…

eth-strikes-back

ETH Strikes Back

ETH Strikes Back By Donovan Choy of Bankless Is the bear market over already? ETH is up 31% this week at ~1.5K, leading the market in the first substantial rally in many months after a 69% drawdown from its peak of ~4.8K this March.  Macro indicators are still bleak and bleaker. The ECB announced it’s…