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Economics

Why the Fed Cannot Reduce Rates to Offset Tariffs

President Donald Trump is urging the Fed to cut interest rates to offset the inflation that will be caused by tariffs. “The Fed would be MUCH better off CUTTING...

Transitory Tariff Inflation?

Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged...

PRIVATE BLOG – MAGA version of the Shell Game

PRIVATE BLOG – MAGA version of the Shell Game Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Powell – The Fed- Inflation – Recession

Jerome Powell kept rates unchanged as our computer was projecting. However, he did weigh in on the state of the US economy, pointing out that Donald Trump’s...

Markets Crash On Cue & Trump Refuses to Rule Out Recession

COMMENT: Marty, it looks like Trump is aware of the ECM. The markets crashed right on cue with Socrates, and he refused to rule out a recession. What is most...

Why Some Academics Hate Cycles and Call them Pseudoscience

QUESTION: The criticism of your Economic Confidence Model has been that it oversimplifies complex economies, ignoring variables like policy changes or technological...

Tariffs vs Sanctions – Myths & Covert Operations

The insanity over the U.S. inflation data illustrates just how braindead analysis has become. The price of eggs grabbed a lot of headlines – up 15%. But supply...

DOGE was Created by Obama – Not Trump

COMMENT: You support Trump. He had no power to create some new DOGE entity. This is undermining the government. You claim to know the law. Tell the truth. This is...

Trumps Tariffs = Demise of the Dollar

Another aspect of Trump’s tariffs that he and his advisers fail to understand is clearly related to his concepts of how the world economy functions, which...

Big Pharma Lobbying

Medical insurance and pharmaceutical companies are predatory. The number one cause of bankruptcy in the United States is health care. This is a growing concern as...