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Frederic Bastiat
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Frederic Bastiat
Quote for the Day
“If I have joined the ranks of the reformers, it is solely for the purpose of persuading them to leave people alone.” -
Frederic Bastiat
Quote for the Day
“You are a dangerous innovator, a utopian, a theorist, a despiser of the laws; you would shake the basis upon which society rests.” -
Frederic Bastiat
Quote for the Day
“No conviction makes so lasting an impression on the mind as that which it works out for itself.” -
Frederic Bastiat
Quote for the Day
“To rob the public, it is necessary to deceive them.”
Latest Posts
Walmart to Take $1B Loss after Sale of its Argentina Business
Walmart, the world’s largest retailer, said on Friday it was selling its retail operations in Argentina to South American supermarket chain owner Grupo de Narváez, pulling back as the country grapples with an economic crisis.
Frederic Bastiat
Quote for the Day
“Good fortune and bad fortune, wealth and destitution, equality and inequality, virtue and vice – all then depend upon political administration.”
This Is The Textbook Definition Of “Late Cycle” In The Stock Market
I like to think of markets and securities in terms of three separate but interrelated dymanics: fundamentals, sentiment and technicals. Fundamentals include things like earnings, net asset value, how those things are trending and valuation relative to them.
Japan’s Spot Gasoline Trade Hits Record High in Oct as Supply Surplus Increases
Tokyo — The number of domestic spot gasoline cargoes deals concluded during the Platts Japan Market on Close assessment process hit a record high in October and has remained high to date in November amid an increasing surplus of supply…
Oil Down Nearly 2% amid COVID-19, U.S. Election Concerns
TOKYO (Reuters) - U.S. oil fell nearly 2% on Friday as new lockdowns in Europe to contain the spread of the coronavirus disease raised questions about the outlook for crude demand, while markets remained on edge over the drawn-out vote…
Frederic Bastiat
Quote for the Day
“Once false money is put into circulation, depreciation will ensue, and manifest itself by the universal rise of everything that is capable of being sold.”
Counting The Corroborated Stall, Not The Coming Lawfare Election Mess
While we wait for the electoral count to be sorted out by what we hope are competent and honest people (not holding our breath), there’s a greater muddle growing where it actually counts and where it’s never fully nor properly…
France and India talk Submarines as Rafale Fighters are Delivered
BHUBANESWAR, India -- India received three more French fighter jets on Wednesday, and a deal for French submarines might not be far behind as the European and South Asian nations find they share a commitment to Indian Ocean security.
Fed wants Low Profile but may Repeat that the Economy needs Stimulus
The Fed’s two-day meeting is expected to end Thursday with no new proclamations from the central bank, and Chairman Jerome Powell will be sure to distance himself from the election uncertainty.