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Posts tagged 'Peter Diekmeyer'

The “Krugman Consensus” Haunts Munk Debate About the Future of Capitalism - Peter Diekmeyer (11/12/2019)

By Peter Diekmeyer 2 days ago 1827 Views No comments

Put bluntly: there is hardly a single free market left in the western world.

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Canada’s “Enron-style” Economics: Most Wealth Redistribution Occurs Off the Books - Peter Diekmeyer (25/11/2019)

By Peter Diekmeyer 18 days ago 5782 Views No comments

Suppressed interest rates provided corporations an estimated $128 billion in secret subsidies last year. That’s more than the Canadian government spent on health care and elderly benefits combined.

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The Bank of Canada’s Crafty $640 Billion “Poloz Tax” – Confiscation Targets Seniors and Pensioners - Peter Diekmeyer (13/11/2019)

By Peter Diekmeyer 1 month ago 10361 Views No comments

Frédéric Bastiat, one of the forerunners of the Misesian school, said that in economics, what you don’t see can be more important than what you do.

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Canadians Demonstrate Rare Show of Unity: 98% Vote for Bigger Government, Higher Taxes, More Debt - Peter Diekmeyer (24/10/2019)

By Peter Diekmeyer 2 months ago 3272 Views 1 comment

H.L. Menken once described democracy as the theory that the common people know what they want and deserve to get it: good and hard.

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The Western Mafia Tightens Its Grip On the Canadian Financial System - Peter Diekmeyer (15/10/2019)

By Peter Diekmeyer 2 months ago 4800 Views 7 comments

University of Western Ontario alumni increasingly dominate Canadian economic institutions. Is that a good thing?

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The Mandibles: is Lionel Shriver the new “Gold Girl” of fiction? - Peter Diekmeyer (30/09/2019)

By Peter Diekmeyer 2 months ago 3322 Views No comments

Not since Ayn Rand’s speech about gold in Atlas Shrugged has a fiction writer so fully grasped the importance of economics and sound money.

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Rickards Doubles Down On USD $10,000/ounce Gold Forecast - Peter Diekmeyer (28/08/2019)

By Peter Diekmeyer 4 months ago 159503 Views 3 comments

Rickards believes that America is in a depression and on track for decades of Japan-style, sub-par economic performance.

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“Bond King” backs TIA: says U.S. deficit is $6 trillion using “real” accounting - Peter Diekmeyer (12/08/2019)

By Peter Diekmeyer 4 months ago 73814 Views No comments

If Jeff Gundlach, president of DoubleLine Group, is correct, U.S. government spending may be double what official data suggest.

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Details still needed regarding $114 billion in Canadian Big Bank bailouts: Expert - Peter Diekmeyer (10/07/2019)

By Peter Diekmeyer 5 months ago 6192 Views 2 comments

Forget free markets. Canada’s Big Banks benefit from huge, hidden subsidies, political protection, and tacit government bailout guarantees. Is that smart?

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Gold and the tragedy of climate Barbie - Peter Diekmeyer (26/06/2019)

By Peter Diekmeyer 6 months ago 4895 Views 4 comments

If climate change is real, then government subsidies are causing it. Even well-intentioned politicians are powerless to reverse the process. Gold could.

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Gold and Bitcoin Will Either Hang Together … Or They Will Hang Separately - Peter Diekmeyer (03/06/2019)

By Peter Diekmeyer 6 months ago 7304 Views 4 comments

Gold investors will be yawning when Fred Pye, president of 3iQ appears before the Ontario Securities Commission to try to get approval to operate a Bitcoin fund. They could not be making a bigger mistake

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Conrad Black Comes Out in Favor of a (Partial) Gold Standard - Peter Diekmeyer (28/05/2019)

By Peter Diekmeyer 7 months ago 14818 Views 3 comments

If Canada wants to be big, it has to think big and stop being a witless mimic of New York.”

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The irresistible allure of Stephanie Kelton and MMT - Peter Diekmeyer (23/04/2019)

By Peter Diekmeyer 8 months ago 5373 Views 2 comments

Americans want free pensions, healthcare, infrastructure and tuition, but refuse to pay more taxes. No problem, says this economist: we can just print the money.

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Morneau is Flying Blind - Peter Diekmeyer (01/04/2019)

By Peter Diekmeyer 9 months ago 6331 Views 2 comments

Canada’s Finance Minister can’t name a single non-accountant who understands the tax code. But the public continues to give governments more power. Is that a good idea?

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The Most Important Chart in Economics? - Peter Diekmeyer (25/03/2019)

By Peter Diekmeyer 9 months ago 7334 Views No comments

Economists tend to focus their analyses on either government, household or business debts. Almost no one looks at all the obligations together.

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