Last Day to Give in 2023!

2023-12-16

The year is ending with a significant level of optimism among investors, focusing on an expected string of rate cuts from the Fed and an estimated economic soft landing.
However, a soft landing is a very rare event. Since 1975, there have been nine rate hike cycles, and seven of them ended in a recession.
Why? We must understand that the concept of “landing” that the Federal Reserve repeats constantly is exactly that: a recession. A soft landing is a significant decline in the aggregate money supply, which entails lower credit and access to capital for families and businesses. There is no other way to lower price inflation, which the extraordinary and unnecessary increase in the money supply in 2020 caused.
Why did we have no price inflation between 2008 and 2019? Richard

2023-12-15

As younger generations grow older and take on adult responsibilities, they will at some point struggle with the cost of housing. This year alone more than 582,000 people in the United States are without a home, with about three in ten people being part of families with children. Governments today have implemented various policies recommended by different schools of economic thought, predominantly that of the Keynesians, to address the issue of homelessness.
Despite their efforts, the total number of chronically and nonchronically homeless individuals continues to grow. To reduce these numbers would require a phenomenon that appears enigmatic, but there is no enigma. The solution deals with the most fundamental economic law of Austrolibertarianism and its satisfaction by abstraction: human