The other factor is that the US dollar is the world's reserve currency. That status creates persistent demand for the greenback, making it difficult to properly value the currency.
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Essays on topics economics: monopolists, oligopolists, and oligarchs aren't better decision-makers for the society just because they's rich and they ain't the damn gummint.
If the MAGAnauts push the woke Blue states into their United States of Alabama, who will make the neat stuff?
Hey Vlad. You take Europe, I'll take the Americas. Deal?
Unitary Executive ≡ Dictator under 50% vote Kent State
The world is not linear.
-- Dr. McElhone/1974
Power tends to corrupt; absolute power corrupts absolutely.
-- Lord Acton/1887
Effective immediately, all laws, regulations, and obsolete norms limiting my authority over federal govenment employment are suspended. I am the unitary executive, and if you work for the federal government, you work for me. I demand total loyalty from my employees.
-- Donald J. Trump by Executive Order, this day 7 December 2025 [Paranoia is a main driver.]
Well, we all are going to die.
-- Joni Ernst/2025 [and you committed electicide. good for us]
There's not a single example of things working out for the appeaser.
-- Nicolle Wallace/2024 [like this? the next extortion is on the way]
[Even U.S. producers] will also increase their prices and, in a sense, free-ride this increased pricing environment. The shock for domestically produced goods is likely to be quite significant.
-- Gregory Draxo/2025 [econ pundit, just like me, told ya so]
-- Dr. McElhone/1974
Power tends to corrupt; absolute power corrupts absolutely.
-- Lord Acton/1887
Effective immediately, all laws, regulations, and obsolete norms limiting my authority over federal govenment employment are suspended. I am the unitary executive, and if you work for the federal government, you work for me. I demand total loyalty from my employees.
-- Donald J. Trump by Executive Order, this day 7 December 2025 [Paranoia is a main driver.]
Well, we all are going to die.
-- Joni Ernst/2025 [and you committed electicide. good for us]
There's not a single example of things working out for the appeaser.
-- Nicolle Wallace/2024 [like this? the next extortion is on the way]
[Even U.S. producers] will also increase their prices and, in a sense, free-ride this increased pricing environment. The shock for domestically produced goods is likely to be quite significant.
-- Gregory Draxo/2025 [econ pundit, just like me, told ya so]
-- Marriner Eccles/1951
This Week's thought
Now, most of the drilling companies have gone, and the Cook Inlet gas is dwindling. Officials expect that, in the next several years, they may not have enough of the fuel to keep all the lights on in Anchorage, the state's biggest city. -- Rebecca F. Elliot/2025 [I guess Conservative doesn't mean what we were taught in grade school? now: use it all up and fuck the kids]
See you next week in a brand new show©Heckle and Jeckle
About Me
Who I Am
Left wing economist since before it was fashionable
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