Market Week
Another market week, with little change, is reflected in the following table: WEEK OF 01/20/23 CLOSING PRICES GAIN/LOSS ASSETS 7/26/2022 Last Week This Week Week…
Politics
Monty Pelerin’s Politics Posts.
Unfair to the Mafia
I frequently compare the government to the Mafia. This comparison is admittedly unfair; it is unfair to the Mafia! In many (most?) respects, the Mafia…
US is Past Its Prime
A remarkably thorough look and explanation as to why the US is past its prime as an economic power is available below. Be forewarned, the…
Mafia Government
It is impossible to understand government behavior if its intentions are viewed through Lincoln’s propaganda “of the people, by the people and for the people.”…
New Year Stock Returns
The first full week of the new year showed market optimism. All four of the components I track rose as summarized in the following table:…
Government Corruption on Display
The irrationality triggered by Trump’s election revealed the political class to be dumber, more corrupt and more desperate than previously imagined. The myth of government…