Income

Brian Maher Contributor, Freedom Financial News Posted Dec 10, 2024 Dear Reader, What Went Wrong With Capitalism? Author Ruchir Sharma has authored a work bearing that very title. His answer is that nothing went wrong with capitalism. Instead, capitalism itself was wronged. Wronged, that is, by tinkerers and meddlers. In its childhood capitalism was seized […]

Brian Maher Contributor, Freedom Financial News Posted Dec 09, 2024 Dear Reader, Reports Statista: American households accumulated $2.1 trillion in excess savings between March 2020 and August 2021… Three inflation-plagued years later, Americans have burned through those excess savings, and then some. At the end of September 2024, Americans had collectively saved $291 billion less

Brian Maher Contributor, Freedom Financial News Posted Dec 06, 2024 Dear Reader, Mr. Trump’s political foes denounce his threats to deport — by the bushel — illegal immigrants. It is “un-American,” they sob. It will sink the economy, they moan. Yet as argued the late economist Milton Friedman: “You can’t have free immigration and a

Brian Maher Contributor, Freedom Financial News Posted Dec 05, 2024 Dear Reader, A publication named The Conversation moans that: Trump’s return to the presidency means concerns about the future of US climate policy are mounting. His opposition to climate action and support for fossil fuels could slow down the nation’s net-zero transition. Net zero, Generative

Brian Maher Contributor, Freedom Financial News Posted Dec 04, 2024 Dear Reader, An abominable bogeyman… long deceased… may soon come resurrecting from the grave. This potential Lazarus is the scourge of Washington. It is the dread of Wall Street. And it may begin menacing both in January. What precisely is this mighty fee-fi-fo-fum? The answer

Brian Maher Contributor, Freedom Financial News Posted Dec 03, 2024 Dear Reader, Mr. Lance Roberts, he of Real Investment Advice: Investor exuberance has rarely been so optimistic… Consumer confidence in higher stock prices in the next year remains at the highest since 2018, following the 2017 “Trump” tax cuts. Meantime, never have American households plunged

Brian Maher Contributor, Freedom Financial News Posted Dec 02, 2024 Dear Reader, Why was Mr. Trump so overwhelmingly elected? I believe the answer reduces largely to essential economics. Prior to his election, some 96% of Americans feared for the United States economy. Yet consumer consumption — said to represent 70% of the gross domestic product

Brian Maher Contributor, Freedom Financial News Posted Nov 29, 2024 Dear Reader, Reports The Times of London: Gold, it seems, just can’t be ignored any more. The prospect of falling US interest rates, a decline in the dollar and worries about America’s debt sustainability should lead to more institutional and retail money flocking into gold…

Brian Maher Contributor, Freedom Financial News Posted Nov 27, 2024 Dear Reader, The United States Treasury — and its kissing-cousin Federal Reserve — moan and sob about inflation. “Oh no, inflation is damaging the dollar. Inflation is impoverishing the American people. Boo hoo hoo. So sorry. So sad.” Yet the tears are the crocodile’s tears.

Brian Maher Contributor, Freedom Financial News Posted Nov 26, 2024 Dear Reader, The New York Times informs us that Sleepy Joe may be toying with doomsday: Several officials… suggested that Mr. Biden could return nuclear weapons to Ukraine that were taken from it after the fall of the Soviet Union. That would be an instant