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    Commentary, Economics / growth, inflation, monetary policy, plutocracy, stagnation, wages /

    State of Play at Year End

    December 29, 2022

    Is it just me? Or is the realm of punditry in a state of confusion? There seems to be an emerging consensus that something big is happening.  It’s just that we don’t quite know what.  The problem is that the template we are all applying is frayed if not shattered.  Consequently we are searching for […]

    Uncategorized / Alan Greenspan, banking, cryptocurrency, finance, FTX, plutocracy, Summers /

    FTX Exposed — Wall Street Not so Much

    December 13, 2022

    Let’s not dwell on this too long. It simply isn’t that important in itself. Cryptocurrencies have never been a serious solution to a problem in the real world. They were, and still are, strange outcomes of a paranoia born well back in time, but which burst forth in current from as a consequence of the […]

    Economics, Politics, Uncategorized / Democrats, elections, inflation, minimum wage, unemployment /

    Reflections on the Election results

    December 8, 2022

    Let the dust settle. Absorb the information embedded in the results. Take a deep breath and avoid partisan primping. First: this election was insanely expensive.  Candidates seeking election to Federal office spent an estimated $8.9 billion.  Their state level counterparts spent a further $7.8 billion.   Second:  all that expenditure had little effect.  Sure, the […]

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