Imports of cheaper Russian oil could help India cushion the Ukraine war’s impact. A yuan reference for a rupee-rouble exchange float would be no sign of a ‘trade bloc’ in the making
<p>Special Announcement about the Economy and the Stock Market: Before getting into today’s Skousen CAFÉ, the federal government released gross output (GO) — the measure of total spending in the economy — for the third quarter. Real GO rose 4% (after inflation), suggesting a slowdown in the economy, compared to the second quarter. However, real GO […]</p>
.12/23/2021 12:34:28PM EST.
<p>“As all history informs us, there has been in every state and kingdom a constant warfare between the governing and the governed; the one striving to obtain more for its support, and the other to pay less.” — Benjamin Franklin (1787) How many of you have kept in touch with your favorite teachers from high school or […]</p>
.12/16/2021 16:14:48PM EST.
<p>“Government is the only agency that can take a valuable commodity like paper, slap some ink on it and make it totally worthless.” (“Maxims of Wall Street”, p. 152) Yesterday, the Social Security Administration announced that it will increase monthly Social Security checks by 5.9% in 2022, its largest jump in 40 years. Inflation is […]</p>
.10/14/2021 19:15:03PM EST.