From mandatory masks to mandatory tests to mandatory track-and-trace, the roll-out is on. (Kit Knightly)

It’s been a big few days for the New Normal narrative and, through the deliberately cultivated haze of confusion, it’s not hard to see the world they want to build is taking shape. Australia’s Curfew: The state of Victoria, and the city of Melbourne, have declared a “state of disaster” and instituted a lockdown and curfew. The […]

In our formative years, we were led to believe that governments exist to serve the people, but as we matured, we (hopefully) came to realise that this is not at all the case. (Jeff Thomas)

Governments by their very nature, are parasitic. They produce nothing and live off wealth created by the electorate. In order to advance themselves, they learn to squeeze the people as much as they can get away with, with the claim that they will then redistribute the wealth. But, as we know, their real goal is […]

Monetary and Fiscal Policy Won’t Help

The factors the Fed can control, such as base money, are not growing fast enough to revive the economy and decrease unemployment. Spending is driven by the psychology of lenders and consumers, essentially a behavioral phenomenon. The Fed has forgotten (if it ever knew) the art of changing expectations about inflation, which is the key to […]

The New Depression

Keynes said a depression is “a chronic condition of subnormal activity for a considerable period without any marked tendency either towards recovery or towards complete collapse.” Keynes did not refer to declining GDP; he talked about “subnormal” activity. In other words, it’s entirely possible to have growth in a depression. The problem is that the growth is […]