The Russian currency has a tendency to weaken so that the dollars earned by oil export are converted to more nearly equivalent number of rubles.
Economic Policy, Economic Theory, Science
Russia, Oil Prices, and the Ruble
Category: Government
Economic Theory, Government
Coronavirus Next Economic Steps
If we don’t modify the current restrictions, the entire economy will collapse.
The only reason the Fed and the government actions have real value is when they are based on taxes of real production.
Economic Policy, Economic Theory
Rate Cut. Bad Solution for Trade War Slump
The past shows that Trump mania is always been followed by ruined associates. Are we, the nation, to be the next associates?
Economic Policy
Treasury Interest Rates
Have you noticed the headlines and blurbs about the inversion occurring in Treasury rates? The information usually has a warning that rate inversion could signal a potential recession. That’s wisdom worth heeding, but for anyone who has bond funds what is the impact of these falling rates? One rule of thumb is that a medium-term…
Politics, Thinking in Daily Life
It’s the truth, but …
How can telling the truth not benefit decision-making? When a selective truth is told, with many similar truths never mentioned, listeners readily make associations to displayed traits that may not be germane to the truth told. This facility of personal learning is natural and occurs across all thinking. It is the reason that sins of…
Constitution
Political Omens
In organizing old files, this fictional memo from 2008 surprised me with its political omens. Dateline: Dec. 31, 2099 George W. Bush, 43rd President of the United States of America, has been selected Man of the Century by Big Brother’s Ministry of Truth. Mr. Bush took government to its next logical step. Under his watch,…
Government
Trump’s Impeachable Offenses
It’s important that impeachment discussions focus on the most glaring offenses. Otherwise his supporters can ignore the major, respond to the minor, and in sum claim that impeachment is just sour grapes by anti-Trumpers. What are Trump’s Impeachable Offenses? Ignoring the Constitution. He is not king, but must honor the separation of powers and treat…
Government, Politics, Thinking in Daily Life
Political Framing Issues
[one_half] [/one_half][one_half_last] [/one_half_last] Trump is a master at playing the media and focusing attention on his issues on his terms. National Conversation Here are three items a vibrant press should ensure enhance the national conversation. Ten million more Americans in 2018 voted for Democratic representatives than Republicans. A clear rejection of Trump positions and attitudes,…
Politics, Writing Craft
Wordsmithing and Perspective
Hearing a single wordsmith perspective again and again … the person may stop noting the image of a backwoodman, only see an antisocial vagrant.
Economic Policy, Economic Theory
Creative Destruction and the Social Contract
We are rightly proud of the economic achievements capitalism and hard work has brought to the US, but free market capitalism is not a flawless mechanism. I have posted elsewhere about income inequality. Here I want to focus on a flaw in creative destruction. Here’s the definition from MIT economics. Creative destruction refers to…
