Tag Archives: Economics

States turn against electric cars as gas tax revenues fall

Posted on by

“As of this year, Coloradans driving electric, alternative fuel and high-efficiency vehicles will pay a $50 registration fee to capture more revenue from vehicles that use less traditional gasoline. This is part of a growing trend by which states are looking to recoup declining gas tax revenues as vehicles become more fuel efficient and drivers buy more electric vehicles.  Colorado is one of at least five states that have special fees on hybrid and electric vehicles — Colorado, Nebraska, North Carolina, Virginia and Washington.  On the federal level, gas tax revenues have lost one-third of their value since 1993; the federal Highway Trust Fund could face insolvency in 2015 if this trend continues.”

http://dailycaller.com/2014/01/06/states-turn-against-electric-cars-as-gas-tax-revenues-fall/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Shanghai’s History a Tale of Successful Capitalism

Posted on by

“Under a regime of limited government, low taxes, and economic laissez faire, Shanghai became the most prosperous metropolis in all of Asia. The standard of living, including that of Chinese residents in the International Settlement and in surrounding Chinese-administered areas, was the highest in East Asia. It was this free market environment that created that Western-style skyline that in the 1930s was considered the Asian rival of New York. The city also became the focal point for the Chinese intellectual community as well as a Chinese cultural center – and one in which freedom of speech and press were protected for all, Westerner and Chinese alike.”

http://www.thedailybell.com/editorials/34905/Richard-Ebeling-Shanghais-History-a-Tale-of-Successful-Capitalism/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bill Bonner: An Important Update on Our New ‘Trade of the Decade’

Posted on by

Bill-Bonner2

“The Nikkei 225 rose 57% for the year – the best year for the index since 1972.  Meanwhile, Japanese prime minister, Shinzo Abe… aided and abetted by new Bank of Japan governor Haruhiko Kuroda… goosed the annual inflation rate up to 1%. This had the effect of sending the yen down 15% against the dollar. Great for Japan’s exporters. Terrible for Japan’s fixed-income securities.  So, we made good money on both sides of the trade last year. By our rough, back-of-the-envelope ciphering, our ‘Trade of the Decade’ is up about 50% so far… with seven more years to run.  What will happen in those next seven years?”

http://www.bonnerandpartners.com/an-important-update-on-our-new-trade-of-the-decade/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Austrian Economics, Central Bank Disasters and the Housing Bottom

Posted on by

the-daily-bell-top-logo61

“Business cycles are in a sense predictable because the entire economic environment is structured via central bank money printing. It is this artificiality that makes Austrian economic forecasting viable. What one can never predict, of course, is the timing of the ‘turning.’ Exactly where we are in the business cycle is uncertain, though again, one can certainly point out that we are in a precious metals bull market, even despite the recent difficulties of gold. This particular pro-metals market started early in the 2000s and may well continue until we reach a precious metals ‘mania’ of sorts as we saw in the 1970s. The only way to puncture something like that in the short term is to raise interest rates.”

http://www.thedailybell.com/exclusive-interviews/34897/Anthony-Wile-Seth-Daniels-on-Austrian-Economics-Central-Bank-Disasters-and-the-Coming-Housing-Bottom/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

All-Time High Unemployment: Depression In Europe Getting Deeper

Posted on by

“This week we learned that eurozone unemployment came in at an all-time high of 12.2 percent for September.  Back in January 2012, it was sitting at just 10.4 percent.  The funny thing is that the mainstream media will barely call what is going on in Europe a ‘recession’ even though the unemployment rates in both Spain and Greece are now much higher than anything that the United States ever experienced during the ‘Great Depression’ of the 1930s.  A 25-year-old Spanish man with three college degrees that moved to London in a desperate search for a job is now cleaning up poop for a living.  The economic collapse of Europe continues to march on, and there is no end in sight.”

http://theeconomiccollapseblog.com/archives/all-time-high-unemployment-the-economic-depression-in-europe-just-keeps-getting-deeper

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

The Magnificent Failure of ObamaCare

Posted on by

portallogo3

“By front-loading the benefits, and by back-loading the costs, the politicians have extended the welfare state to encompass virtually every area of life.  ObamaCare is the exception. ObamaCare is front-loading the costs, and it is back-loading the benefits.  This is not insurance; this is a welfare state program, pure and simple. But it is being covered by the illusion that it is, in fact, an insurance program.  People who have pre-existing conditions that exclude them from getting insurance in the free market are rushing to sign up for the welfare program. People who are generally healthy, meaning younger people, are not rushing to sign up. They don’t want the program. They have been outvoted.”

http://www.garynorth.com/public/11966.cfm

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bill Bonner: Is This Capitalism’s Achilles’ Heel?

Posted on by

Bill-Bonner2

“The critics presume capitalism follows certain rules. People are said to be ‘rational actors.’ They are said to want to increase their wealth. They are said to always try to optimize their time and money.  If that were the definition of a real capitalist, we have never met one. Instead, the people we know function in a world of floating ambitions and ambiguous decision-making.  People have many different goals in life; making money is just one of them. One wishes to make a lot of money. Another is more concerned with his family. Another finds the pursuit of money vulgar.  Not knowing what people want, it is impossible to know whether they pursue their goals rationally or irrationally.”

http://www.bonnerandpartners.com/is-this-capitalisms-achilles-heel/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

The Crypto-Wars: Freedom of Speech and Freedom of Transaction

Posted on by

“Trace Mayer is an entrepreneur, investor, journalist, monetary scientist and ardent defender of the freedom of speech with degrees in Law and Accounting. He has studied Austrian Economics focusing on the work of Murray Rothbard and Ludwig von Mises and operates the privacy blog How To Vanish. He serves on the Editorial Board for the Bitcoin Magazine which receives millions of visitors per year and has presented on Bitcoin, both objectively and persuasively, to a wide variety of audiences including members of the Federal Reserve, Bundesbank, major financial institutions, HNWIs, IRS, FBI, conferences and many others.”

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

11 Good Things for Liberty in 2013

Posted on by

“As 2013 draws to a close, let’s pause to recall some important developments for the cause of liberty – some of which you already know well, and others you’ll be hearing about for the first time.”

http://www.lewrockwell.com/2013/12/lew-rockwell/13-good-things-for-liberty-in-2013/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Texas Congressman Is Now Accepting Bitcoins For His Senate Run

Posted on by

“Rep. Steve Stockman (R-Texas) is the outsider’s outsider — what other Texan would spend a freezing New Year’s hundreds of miles away in New York City?  But there he was last night at the launch event for the NYC Bitcoin Center, located just up the street from the New York Stock Exchange.  Stockman, a vocal opponent of Fed policy, told Business Insider last night that he wants to promote Bitcoin, whose most fervent evangelists tout as an alternative to fiat currency.  To do so, he is now accepting Bitcoin for his Senate campaign against incumbent John Cornyn.”

http://www.businessinsider.com/steve-stockman-is-accepting-bitcoins-2014-1

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet