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Politics

Functionally, there is no difference between the US’s Medal of Freedom and the Order of Lenin awards handed out by the old Soviet Union.

Politics

Both Monetarists and Keynesians believe that a growing economy requires a growing money supply, thus, the Federal Reserve‘s “target” inflation rate of two percent....

Politics

Market implied Fed Funds rate discount a string of cuts starting in January 2024 and culminating in a 4.492 percent in January 2025. These...

Politics

In March, at the National People’s Congress, Beijing set its annual gross domestic product (GDP) growth target. Since 1985, in every year but one,...

Politics

An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in...

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