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Food for Thought - Fat Tail Daily

Summary by fattail.com.au
‘Whenever there are great strains or changes in the economic system, it tends to generate crackpot theories.’ David Stockman Once again, we are witness to an epic battle. Like David Stockman’s historic showdown in the early ‘80s. Economics vs. Politics. Economics wants stable money, honest interest rates, balanced budgets, and a smaller federal government. Politics wants what it always wants — more money and more power. The Triumph of Politics, …
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Food for Thought - Fat Tail Daily

‘Whenever there are great strains or changes in the economic system, it tends to generate crackpot theories.’ David Stockman Once again, we are witness to an epic battle. Like David Stockman’s historic showdown in the early ‘80s. Economics vs. Politics. Economics wants stable money, honest interest rates, balanced budgets, and a smaller federal government. Politics wants what it always wants — more money and more power. The Triumph of Politics, …

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fattail.com.au broke the news in on Tuesday, March 25, 2025.
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