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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
‘GDP Shrank 4.8%’ – No. Forecast 30% Drop? Fantasy
The economists' statistical engine is running amok again, just like in 2008-2009. It's making mountains from molehills (make that sinkholes from potholes), scaring the heck out of investors, reporters and just about everyone else.
Investing Legend Sees A Second Great Depression For Stocks By 2023
Zerohedge writes...."Then as now, he says, “central bankers were pushing on a string”, trying in vain to whip up a real economic recovery with monetary policy."
Japanese Yen Regains Momentum Against USD, But Range Holds
The Japanese Yen remains confined to a well-established trading range against the US Dollar but seems to be gaining the upper hand within it.