How Will the FED Raise Interest Rates?

Written by Gary North on February 16, 2015

g-20-yellen

Everyone is talking about the FED’s promise to hike interest rates.  But nobody is talking about how the FED will do this, except for me. Next time you read a story like this one, ask yourself: “How will the FED pull this off?” When Group of 20 finance ministers this week urged the Federal Reserve […]

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Shiller’s Warning: Crash Ahead

Written by Gary North on February 16, 2015

shiller

The news on the investment front is not good. Nobel Prize-winning economist Robert Shiller has a grim message for investors: Save up, because in the years ahead, assets aren’t going to give you the type of returns that you’ve become accustomed to. In his third edition of “Irrational Exuberance,” which will drop later this month, […]

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Video: A 50-Cent Microscope to Save the World

Written by Gary North on February 13, 2015

microscope

Here is a microscope that anyone can afford. Public health workers can take one anywhere, and then check local drinking water for disease-transmitting organisms. Left alone, the free market comes up with cost-effective solutions. This is the basis of progress: the creativity of the mind, and then the capital to implement the ideas. These two […]

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“Scab” Robots Would Not Shut Down the Port of Los Angeles

Written by Gary North on February 13, 2015

shipping-robots

Union members for decades called non-union strike-breakers “scabs.” They used violence against them. That was because they were thugs. In the contest between the scabs and the thugs, the consumers’ best interests were always upheld by the scabs. Soon, consumers will be facing the negative effects of a closing of the ports of California. A […]

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Central Banks Bought Gold in 2014. Did You?

Written by Gary North on February 13, 2015

central-bank-gold

Gold is a barbarous relic, Keynes famously said. Keynesian economists repeat this . . . until they become central bankers. Then, it’s a different story. Governments added 477.2 metric tons to their reserves [in 2014], the second-biggest increase in 50 years and 17 percent more than a year earlier, the World Gold Council said in […]

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Robots Deliver Hospital Food

Written by Gary North on February 13, 2015

hospital-robot

Everyone complains about hospital food. That’s before they see what each meal cost them. Now, to save money, the University of California’s hospital has assigned to robots the task of delivering this food. It does no good to complain to a robot about the lack of nutrition or taste. This is the wave of the […]

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Government “Terrorist Families” Test: Don’t Flunk It

Written by Gary North on February 12, 2015

terrorist-families

The U. S. government has produced a questionnaire for local law enforcement officials and religious leaders to use in evaluating local families. Are you, your family or your community at risk of turning to violent extremism? That’s the premise behind a rating system devised by the National Counterterrorism Center, according to a document marked For […]

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