The primary recipients of newly created money are currently banks and corporations who are able to borrow from the Fed almost 0% interest and loan this to the public at much higher interest rates.
The increase in depression is most correlated with the increase in inflammatory autoimmune diseases and with significant changes in the western diet.
Many Americans consider Iran to be a psychopathically violent nation that would be willing to commit suicide in order to kill as many Americans as possible. The statistics behind historical Iranian US relations do not support this view.
Around 20% opposed the US Revolution for democracy, about 40% supported it, and about 40% didn’t give a damn.
A country that switches from non-democracy to democracy achieves about 20% higher GDP per capita over the next 30 years.
A 2008 and 2016 poll of voters showed wishful thinking bias led a majority of people to believe their favored candidate was going to win.
The average cost of getting a new drug to market is $1.3 billion.
If only economists could run for office, the the compound interest on more efficient resource allocation, would have produced a utopia with flying cars by now.
This chart shows when the cost of the average stock (the S&P 500) exceeds its underlying value (corporate profits after taxes).
For millennia, everything sucked. Then something magical happened!
100 million trees and $178 billion worth of time could be saved every year by not subsidizing junk mail.