Roatan residents spend $740/year on bottled water. Building a water plant costs 40x less over 25 years. The math is third-grade arithmetic. Like using a helicopter to commute one block.
Posts tagged 'economics'
19 posts tagged with "economics"
Before 1971 productivity and wages grew together. After 1971 they suddenly split. Productivity kept rising, wages flatlined. Federal Reserve counterfeiting is Robin Hood in reverse.
Monetary inflation (money supply) vs price inflation (CPI). Money supply exploded, prices stayed stable. Inflation is hidden flat tax governments use instead of asking citizens to pay.
Federal Reserve printed $4 trillion in 2020. Top 1% wealth increased by exactly $4 trillion that year. St. Louis Fed confirms. The math matches perfectly. Totally normal economic policy.
Median drug development cost is $985 million including failed trials (2009-2018). In 1893 doctors just tested drugs and reported results. Now we have a Valley of Death instead.
Federal Reserve creates money electronically, buys bonds from investors. Bondholders get free money first. By the time it reaches you, inflation already ate it. Money printer go brr.
Every Econ 101 textbook teaches incentives, costs, and second-order effects. Most government policies ignore all three. Like someone passing driver's ed then driving into a lake on purpose.
Stock prices follow profits until positive feedback loops create bubbles. More buyers raise prices, higher prices attract more buyers. Then the music stops and someone's holding the bag.
For 10,000 years life expectancy was 28 and GDP was $100. Around 1800 both went vertical. Humanity spent 10,000 years in tutorial mode then someone pressed start.
First two years Trump stocks up 21%. First two years Obama stocks up 71.2%. That's 3.4x faster. Trump's gain is just 50-year average. Like getting a participation trophy for existing.
World GDP is $127.8 trillion divided by 7.3 billion people equals $17,500 per person. Money is collective hallucination. Before money we traded chickens for cows. Much more efficient now.
Reuters polled 60 economists about steel tariffs. 0% supported them. Zero as in number before one. Like asking 60 doctors if you should eat broken glass and getting zero yes votes.
Keynesians believe Federal Reserve designs economic order from chaos like creationists believe in intelligent design. Both can't grasp complex adaptive systems. Evolution and markets don't need planners.
World GDP is $127.8 trillion divided by 7.3 billion people equals $17,500 each. Happiness maxes out at $75k income. Above that you're just buying stuff, not joy. Economics with spreadsheets.
Americans underestimate wealth inequality so badly the perception gap exceeds the actual wealth gap—like thinking your neighbor has 2 cars when they own a dealership.
Your vote has same odds as winning lottery 7 times. CAPTCHA for stupidity filters crowdsourcing bias by removing people who guess wrong.
Government spending above 25% of GDP slows economic growth. OECD countries prove it. Every dollar above 25% is basically lighting money on fire and calling it policy.
Americans built 14 million empty houses costing $2 trillion because the Fed made borrowing artificially cheap. The government's success destroyed wealth on a massive scale.
Chile recovered from 1982 crisis in 2.5 years without bailouts. Mexico took 7 years with intervention. Government stimulus is like using a flamethrower to put out a fire.