Tag Archives: Communism

May 15 2019

15% Credit Card Cap: Bernie & AOC Attack Loan Sharks in 3-Piece Suits


Published on May 14, 2019

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Presidential candidate Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez (AOC) propose a 15% cap on credit card and consumer loan interest rates — an attack on what they call loan sharks in 3-piece suits. Will this resonate with the American voter who’s deep in high-interest debt? Is this the way to make democratic-socialism palatable? Bill Whittle takes the unpopular position that the individual is personally responsible for his commitments. Speaking the truth even when it hurts, Bill Whittle Now comes five times per week thanks to the Members who make it. Join us today at https://BillWhittle.com/register/

 

May 15 2019

The Rising Anti-EU Sentiment Ahead of the EU Elections


Armstrong Economics Blog/European Union

Re-Posted May 15, 2019 by Martin Armstrong

In Hungary, the anti-EU movement runs intense and links Soros and his funding behind the curtain as the number one problem. There have been protests in Hungary implicating the fact that Soros has been behind everything. The anti-EU sentiment is rising ahead of the May 23rd elections. The main issue that has torn Europe apart is the Refugee Crisis.

May 14 2019

1 Free Market Economics: Charity vs. Taxation – What is the Difference? Extended Cut – Learn Liberty


Published on Jul 30, 2015

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Free Market Economics: What is the difference between paying a tax and donating to a charity? Many Americans support charities ranging from the American Red Cross to PETA, but is it moral to make others donate to a charity of your choice? Learn more at: http://www.learnliberty.org/ Rob Gressis, a professor of philosophy, went on campus at California State University – Northridge, to ask students two questions on philosophy: Is it moral to force others to give to the cause of your choice? Is it moral for the government to force others to give to the cause of your choice? Do you think it is ethical for individuals or the government to force you to donate to a charity? Watch the video and let us know your thoughts on the relationship between free will, philanthropy, and taxes in the comments below. ►Learn More The Morality of Taxation (video): Eamonn Butler discusses the morality of taxation, which he wrote about for the Taxpayers’ Alliance’s report, The Single Income Tax. http://www.adamsmith.org/blog/tax-spe… The Interactive Great American Taxing Game: Intro (video): Play the interactive game with your host, Professor Art Carden, and answer the age old question: Who Should Be Taxed? https://www.youtube.com/watch?v=qHr-m… Is Fixing Inequality A Matter of Justice? (video):This Learn Liberty-sponsored debate presents arguments for and against more government assistance to help the poor in the United States. https://www.youtube.com/watch?v=RTVhg… What Can Adam Smith Teach Us About Tax Policy (article): Evaluate our current tax system against the famous economist’s four maxims of taxation for public funding. http://www.libertarianism.org/publica… ► http://LearnLiberty.org ► http://youtube.com/user/LearnLiberty ► http://twitter.com/LearnLiberty ► http://google.com/+LearnLiberty ► http://facebook.com/LearnLiberty

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May 14 2019

Public Choice Theory: Why Government Often Fails


Published on Oct 9, 2017

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Governments don’t work the way most people think they do. Public choice theory explores how voters, politicians, and bureaucrats actually make decisions. Prof. Antony Davies explains.
May 14 2019

QE & Its Failure


Armstrong Economics Blog/Central Banks

Re-Posted May 14, 2019 by Martin Armstrong

QUESTION: Dear Martin,
During WEC in Rome I came to understand that the issue with QE is that it did not create any inflation in the USA. On the other hand, as you mentioned the inflation is being calculated in a different way that it used to be in the future. How come then the US does not just change the way of calculating the inflation in a way which would show it’s there? Wouldn’t that be an easier way than to do more QEs?
Thank you,

MK

ANSWER: The primary reason QE fails is because the economy is global. Central banks can no longer manage the economy, for the money does not remain in isolation. Additionally, as I pointed out in Rome, they may have negative interest rates, but that does not pass through. You cannot borrow money from a bank at negative rates.