Economy: Fed to seek even higher target interest rates?
I wonder if they understand that the labor shortage – hence low unemployment – is due to demographic issues? This is not a situation we’ve had before – and trying…
Demographics: Unemployment hits 53 year low
Source: Jobs report January 2023: Payrolls increased by 517,000, unemployment rate at 53-year low Reminder – the new entrant cohort to the population pyramid is shrinking, while the top end…
Demographics: Aging planet
The Guardian propaganda rag notices the fertility rate problem and proposes a socialist solution that has already been proven not to work.
Public health: “25% of the US National Debt Incurred During Trump Administration”
This financial disaster was due to public health “Experts” who thought they could shut down the world with ineffective NPIs and stop the spread of a highly contagious virus –…
ACA has failed: “Americans put off health care because of cost”
Our ACA policy deductible rose to $17,600 this year. It is no longer conventional insurance but an extremely high-priced catastrophic insurance policy – the ACA failed almost all of the…
Economy: Understanding How the Federal Reserve Creates Money
Does the Fed Print Money? No. The actual printing of paper money is handled by the Treasury Department’s Bureau of Engraving and Printing. The U.S. Mint produces the country’s coins.14…
Future Follow up: 2023 will be a ‘roaring bull market’
Says Ken Fisher of Fisher Investments: 2023 will be like 1967’s ‘roaring bull market’: Billionaire investor Note – Fisher Investments had the 2008-2009 market crash completely wrong, had their clients…
Tech sector labor abundance? “Salesforce CEO Benioff still blasts worker productivity”
Days after sacking a tenth of Salesforce’s staff, CEO Marc Benioff is continuing his apparent crusade against remote workers and what he believes to be their reduced efficacy during the…
Economy: Tech salaries versus home prices in SF Bay area
According to Comprehensive.io, a website that monitors the posted salary ranges of tech companies, tech companies with positions available in California are currently paying software engineers between $135,000 and $202,000 —…
Followup: Economic forecasts were wrong, like most expert forecasts
As inflation surged over the last two years, the Fed and leading private-sector forecasters were persistently behind the curve, seeing it as a temporary phenomenon that would eventually fade. Source:…