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- Eurorally commented May 12, 2024
Americans would feel much better and stop being "stressed out" if they could realize and acknowledge that they have been living in the wealthiest country of the world with the highest standard of living ever achieved on Earth. Alas, this is not ...
- Eurorally commented May 8, 2024
But of course. When the rate of the US inflation is 3.5% and the average annual inflation has been 3.6% over the last 49 years since the year 1975, it is difficult to call the current inflation of 3.6% "high." Unless, your economic memory does not ...
- Eurorally commented Mar 23, 2024
Hello kthrapp350! As we both said, we agree on most things, with very few exceptions: 1. On trusting the Government: As I said, I do not subscribe to the general idea that we cannot trust our Government. I was born and raised in a communist country ...
- Eurorally commented Mar 23, 2024
To Ferna: I think you put your finger on it. My points were not debated and that is where the problem is.
- Eurorally commented Mar 22, 2024
To Ferna: Please see above: I frankly do not understand why people listen to FOMC members - or to "experts" - so intently trying to read tea leaves. FED has never been able to forecast anything with any degree of accuracy. Just remember how they ...
- Eurorally commented Mar 22, 2024
Hello ktrapp350: I think we are in agreement on most things. I just do not believe the populist assumption that all the Government is doing is lying to us. But I know that the stories about filling the shopping cart for X dollars then and not being ...
- Eurorally commented Mar 22, 2024
Memo to Ferna: Have you noticed that you live in the most affluent country on Earth with the highest standard of living that is also the most democratic and freest country of the world. Take it from me - a conservative. Try a post-communist country ...
- Eurorally commented Mar 22, 2024
Yada, yada, yada. Many years ago, The New York Times printed my letter in which I said that Greenspan should not have the power to speak so frequently and roil the markets. Greenspan was talking like a sage with unintelligible remarks, which market ...
- Eurorally commented Feb 26, 2024
Yada, yada, yada. Average annual inflation for the past 49 years has been 3.6%. So much for inflation weary consumers whose memory does not go farther back than the inception of Twitter in 2006.
- Eurorally commented Feb 24, 2024
Yada, yada, yada.
- Eurorally commented Feb 24, 2024
There is one more problem: You may not want to move from NYC or LA to a place in Sicily a two-hour drive from Palermo. Capish?
- Eurorally commented Feb 19, 2024
Correction: Molotov-Ribbentrop Agreement of August 1939 of friendship between STALIN and Hitler.
- Eurorally commented Feb 19, 2024
There is another important problem with communist China: While China has millions of "class enemies in the reeducation camps," American companies are falling all over themselves looking for new business opportunities in China thus propping up the ...
- Eurorally commented Feb 18, 2024
CNN may be overly optimistic here. I guess, they did not get the memo on inflation this week. They are making the same mistake as the pundits of doom and gloom, namely, acting based on faith and unsupported assumption. Plus, we just got a new ...
- Eurorally commented Feb 18, 2024
Bureaucracy at its best but is this good for anything - 50 to 60 new proposed rules
- Eurorally commented Feb 12, 2024
There are 300,000 missing housing units in socialist Stockholm. Not to be undone, the sales tax on new cars in socialist Denmark is 150% of the purchase price, recently lowered from 180%.
- Eurorally commented Feb 4, 2024
Ladies and Gents: To make sure that I am understood, I did not mean that you should learn from your elders. Rather, I wanted to say that in order to understand the economics and the national economy, you must not believe that the last two decades ...
- Eurorally commented Feb 3, 2024
Ladies and Gentlemen: You are tilting at windmills! Inflation is out of sight, it is under control, it is not under control, you can do anything with statistical data and other sophistry like that. In addition, inflation is 3.2% and somebody above ...
- Eurorally commented Jan 24, 2024
May be the "science-oriented" band in their shorts is too tight?
- Eurorally commented Jan 8, 2024
This shows a misunderstanding of the relationship between the growth of productivity and the growth of wages. What makes a country wealthy is that people produce more at a lower cost. The opposite example is the socialist economies run by unions in ...