New Zealand’s central bank, the Reserve Bank of New Zealand (RBNZ), has opened a consultation on central bank digital currencies (CBDCs). This is the second of four stages. RBNZ considers that Stage Three will involve the development of prototypes and …
Shein has revealed Britain’s cheap heart
It is hard to think of a company that combines as many “evil corporation” tropes as Shein, the Chinese ultra-fast fashion giant. Several investigations have found exploitative conditions in the factories that make its clothing. It stands accused of benefitting …
Shein has revealed Britain’s cheap heart
It is hard to think of a company that combines as many “evil corporation” tropes as Shein, the Chinese ultra-fast fashion giant. Several investigations have found exploitative conditions in the factories that make its clothing. It stands accused of benefitting …
Nihilism Strikes with a Vengeance
We live in what is probably the most nihilistic era in the history of humankind. Most English-speaking people have probably heard the term, ‘nihilism,’ but I’m willing to bet that not many know its precise meaning. The term comes from …
2020 Pushed Minnesota Toward the Third World
Minnesota has quickly become a case study for the disastrous effects of the Covid response, including how government programs facilitated brazen fraud, how criminals use tribalism to deflect accountability, and how Americans are now poorer and less safe than five …
Renters and Owners Live in Separate Economies
It turns out renters and homeowners are living in two entirely different economies, at least according to a new study by the Federal Reserve. Who, ironically enough, made it happen.
In short, renters are in dire straits financially, while homeowners are “continuing …
A Fork in the Road of the EU
In case you hadn’t noticed, we just celebrated “Europe Day” on Thursday, May 9th, marking the 74th anniversary of the Schuman Declaration. This declaration, presented by French Foreign Minister Robert Schuman on 9th May 1950, paved the way for the …
Media: Gen Z is Doomed
Years after the fact, the mainstream media is discovering that Gen Z is doomed. As CNN puts it, Gen Z is “earning less, has more debt, and higher delinquency rates than Millennials did at their age.”
In short, the pandemic …
Journey through an Exposed America
Human societies naturally divide into groups or tribes. Human tribes rely on a shared pride of belonging, and a sense of otherness toward non-members. This provides their members with a cause or meaning, such as jointly building a better life, …
Oysters with a Side of Vindication
I’d been down to London, and now I was back home. The whole episode was, in the cold light of morning, something of a blur. Vague memories of liberal amounts of champagne floated before my eyes, along with a vision …
Did Fink Save the Dollar? – Questions For Corbett
Corbett Report member pkadams contributes a Question For Corbett to the May Open Thread: Did Larry Fink save the dollar?
Source: The Corbett Report Read the original article here: https://corbettreport.com …
Money’s Grim Future
Prepare for total control of your economic life. That is the message from Brownstone Fellow Aaron Day at his 4-hour workshop in San Jose, California last Saturday, May 11th.
Day has written the excellent book The Final Countdown, which carefully …
The True Costs of Pandemic Prevention and Response
At the end of May 2024, the World Health Assembly will vote on whether to adopt two legally binding World Health Organization (WHO) instruments: a new Pandemic Agreement and amendments to the International Health Regulations (IHRs). These policies have been …
Strong Economy? Think Again
It should be evident by now that the “strong” economy of the last several years was nothing of the kind. To the contrary, the Keynesian GDP accounts were actually inflated by deferred spending runoffs that flowed from the utterly abnormal …
The Predictable Wastes of Covid Relief
If you ever had the vague sense that Covid relief funding worked in a manner akin to US aid packages in failed Middle Eastern dictatorships, your instincts weren’t wrong.
First off, there were cases of just outright fraud nearing the …
