Governments interfere in free markets and inevitably the resulting problems are blamed on free markets and not governments. From Bill Bonner at bonnerprivateresearch.substack.com:
How Bidenomics works to relieve you of the oppressive burden of free choices…
(Source: Getty Images)
Bill Bonner, reckoning today from Normandy, France…
It’s the longest day of the year (in the northern hemisphere). Could it get even longer? Brighter? Sunnier?
Why should we, the indispensable race, be constrained by nature? Aren’t we masters of it, not subject to it? After all, if we can set the world’s interest rates and its thermostat, what can’t we do?
So many breakthroughs, advances and improvements; we can scarcely catalog them, much less keep up with them. Stocks are up. Consumer price inflation is going down. After falling for two years, real wages are stabilizing. And the Russians are going to wave a white flag any day now.
And there’s Jake Sullivan. After advising Hillary Clinton and Barack Obama, he’s now at work for the Biden Team; every day on the job, he makes the world a better place.
