Markets Aren’t about “Using” People: Markets Help People Attain Their Goals

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by Gary Galles via Mises A very common rip on market arrangements is that they use people. For instance, I have come across many versions of “love people and use things rather than loving things and using people.” As Paul Heyne expressed the sense of it, “such a system seems somehow to violate our profound moral conviction that nothing is … Read more

Remember when Trump wanted to give you $1200 back in October? But Pelosi gave you $600 a few months later instead

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Remember when Trump wanted to give you $1200 back in October? But Pelosi gave you $600 a few months later instead https://t.co/xfrf9k2co6 — E (@ElijahSchaffer) December 22, 2020 The BALLS on "THIS…", at Christmas Time! Calls thousands of dollars in tax cut savings "crumbs" but believes $600 after 10 months of lockdowns is a "stimulus". … Read more

They need to be made liable for censorship.

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NY POST: Big Tech’s Sinister Pro-Biden Bias. The “Facebook-owned social-media giant Instagram” is characterizing “well-established criticisms” of Joe Biden and his 1994 crime bill as “False,” reports blogger Glenn Greenwald. A post on the platform “said nothing more than what Biden’s chosen running mate, Kamala Harris, has herself said” — namely, that the ’94 law “contributed … Read more

HER REFUSAL TO ANSWER IS ALL THE ANSWER YOU NEED:

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Pelosi Repeatedly Refuses To Answer CNN About Why She Rejected Bigger Stimulus Bill Before Election. Democrat House Speaker Nancy Pelosi repeatedly refused to answer a question from a CNN reporter on Sunday about why she decided to accept a smaller stimulus package now, which she claimed was not nearly enough, after she refused to accept … Read more

For Those Who Haven’t Figured It Out, The Stimulus Bill Will Take From You a LOT More Than the $600 They Are Giving You

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Some are actually happy about the $600 they’ll be receiving while not realizing that it actually takes far more than that away from you. It’s like someone handing you $600 while removing $20,000 from your bank account. In other words, a net loss… by a lot. And there are people thankful for this. “I don’t … Read more

China Lifts Restrictions On Foreign Energy Investment

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By Tsvetana Paraskova China has lifted restrictions on foreign investments in all energy sectors, including fossil fuels, new energy sources, and electricity generation excluding nuclear power, the country’s State Council Information Office said in a white paper published on Monday. The paper, ‘Energy in China’s New Era’, discussed the steps the world’s largest oil importer has taken … Read more

The Washington Post: “Every time you listen to Bing Crosby’s ‘White Christmas,’ about five people have died from the coronavirus

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https://twitter.com/KananVitolo/status/1340356638499360768 Every time you listen to Bing Crosby’s “White Christmas,” about five people have died from the coronavirus between the beginning and the end of the song. https://t.co/Rpuc9mDsuz — The Washington Post (@washingtonpost) December 19, 2020       h/t dr0id

This section seems really important in the new legislation: It says the Fed retains the powers it had pre-CARES. The Fed cannot restart MLF, Main Street exactly, but this prob. suggests it can still funnel credit fairly directly.

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This section seems really important in the new legislation: It says the Fed retains the powers it had pre-CARES. The Fed cannot restart MLF, Main Street exactly, but this prob. suggests it can still funnel credit fairly directly. (1/2) https://t.co/kQVeqlC6yK pic.twitter.com/ykzntEbEnN — Jeanna Smialek (@jeannasmialek) December 21, 2020

This is MADNESS: A new white paper by the IMF calls for linking your “browsing history” to your financial credit score, which would in effect lower your score if you “visit websites marked harmful by their fact-checkers”

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Big Tech has already compiled its blacklists and greylists to downrank unwanted websites on their platforms. And they are certainly happy to pass them on to Fintech. At this point conspiracy my ass. It’s all in the open. What, how, when. Years ago people laughed, now they don’t care. Big Tech censoring already. This will … Read more

A Major Support For Asset Prices Has Reversed

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by Lance Roberts In 2019, we wrote about how corporate share repurchases, or “stock buybacks,” had accounted for nearly all buying in the market. A year later, that significant support for asset prices has reversed. While markets have certainly been on a tear this year, due to massive amounts of Federal Stimulus, it has been an advance … Read more

Ted Cruz Drops NUKE On Hollywood and Federal Funding They’re Receiving Over Concerns of Censorship

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  Dinesh D’Souza’s new book, “United States of Socialism,” reveals how the Left uses the Venezuelan formula for socialism, decisively refutes this new face of socialism, chillingly documents the full range of the Left’s gangster tendencies, and provocatively exposes the tactics of the socialist Left. Who is behind it, why is it evil, and how … Read more

25 Years Later: What the Euro Has Become

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by Philipp Bagus via Mises Twenty-five years ago, on December 15, 1995, the fifteen heads of state and government of the then EU decided at a council meeting in Madrid to name the future common currency the “euro” and to introduce it from January 1, 1999, initially as a book currency at a fixed exchange rate. The actual introduction … Read more

China Is Back To Running Massive Trade Surpluses But SOEs Are Defaulting on AAA Rated Bonds

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by Jason Burack of Wall St For Main St While China runs absolutely massive trade surpluses thanks to being nearly the sole exporter of masks, gloves, PPE and other medical and pandemic related equipment, China’s currency, the Yuan, has been allowed to strengthen by the PBOC, China’s Central Bank, to around 6.5 Chinese Yuan to the Dollar the … Read more

Kilauea volcano in Hawaii USA just started erupting ! Ashfall warning issued for South Big Island

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HVO Kilauea RED/WARNING – Shortly after 9:30 p.m. HST an eruption commenced within Kīlauea’s summit caldera. https://t.co/JrIaEgXyAa — USGS Volcanoes🌋 (@USGSVolcanoes) December 21, 2020 HFO issues PERIODS OF ASHFALL LIKELY FROM KILAUEA VOLCANO for South Big Island [HI] till 2:00 AM HST https://t.co/4aYeFEcVw6 — NWSHonolulu (@NWSHonolulu) December 21, 2020 Impressive view from this webcam showing … Read more

Russia Backs Another 500,000 Bpd Oil Production Increase

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By Tsvetana Paraskova Despite renewed fears about oil demand due to the new coronavirus strain, the leader of the non-OPEC group in the OPEC+ pact, Russia, is still in favor of another 500,000 bpd increase in the alliance’s oil production from February, Bloomberg reported on Monday, citing officials with knowledge of the Russian oil policy. Earlier this … Read more