(revised on 03/06/24) There is a lot of concern about deflationary pressures in China. Deflation exports itself to importing nations as these nations must then compete against lower priced Chinese goods. Inflation, not deflation, of course, is the current concern

Continue reading…Deflation & Inflation: Labor’s Fate

With the recent tragic deaths of three U.S. military personnel in Jordan, due to an attack by an alleged Iranian supported militia, U.S. politicians are pounding their chest while calling for an attack on Iran. By the time you read

Continue reading…The Human Toll of War