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Stagflation Lite: 1st Quarter US GDP Growth Weakens to 1.1 Percent Amid a Renewed Inflationary Surge
“The current US economic environment could be categorized as stagflation lite, demonstrating as it does relatively resilient employment amid increasingly entrenched inflation and weakening growth.” ~ Peter C. Earle
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The Global Market Miracle of the 99-cent Pineapple
“When past centuries’ most-iconic luxuries become commonplace and affordable, we always have specialization and market innovations to thank.” ~ Laura Williams
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Progressive Interest Rates?
“Whatever one thinks about a proportional income tax, the principle of declining marginal significance of income doesn’t justify progressive income tax rates. Neither does it justify progressive mortgage interest rates.” ~ Charles W. Baird
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