Category: Morning Thread

Economy: Inflation Will Price Many Americans Out Of The Housing Market And Into Homelessness

One of the most detrimental aspects of an inflationary or stagflationary crisis is that, in most cases, housing costs tend to rise while home sales fall.One of the only exceptions to this rule is when the government institutes rent or price controls. In Weimar Germany, for example, the government enforced strict regulatory controls on landlords, fixing rent at a rate that made profits impossible...

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New Zealand Socialist PM Jacinda Ardern Receives Warm Welcome From Joe Biden In Washington

President Joe Biden welcomed socialist New Zealand Prime Minister Jacinda Ardern to the White House on Tuesday to discuss economic ties, gun control, and “space exploration” — but not, reports indicated, Ardern’s decision to use Chinese coronavirus measures to delay the 2020 New Zealand election…

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