Consider the age of monarchs.  Squabbling barons select a supreme ruler – a king or an emperor — to suppress the squabbling.  Peace and prosperity return to the land.  The king makes policy but he can’t do everything.  His minions take care of the details.  Minions mean bureaucracy.   The bureaucracy grows.  The king grows old and dies. …

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How can one write about the underlying truth of the economy in a nation where the majority of people do not care about truth? Disregard of truth has become so extreme in the US that we have exceeded the peculiarity of calling a man a woman if he wants to change his body parts, even…

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“As long as the government can print money, we’ll never be broke.” That’s the idea behind modern monetary theory (MMT) in a nutshell. Naturally, many of the nuts in Washington are starting to get behind this unhinged notion. That includes members of Congress such as Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Democratic presidential candidate Sen. Elizabeth Warren (D-Mass.). An Economic Absurdity…

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