Month: April 2025

The Bear’s Lair: They mocked Liverpool for the Corn Laws, too.

President Trump’s announcement of sweeping tariffs sent the markets into a tailspin last week – as I forecast in January, the Biden stock market bubble is finally bursting, and about time too. The hysterical reaction from the left and the economic Whigs of globalization resembles that which faced Lord Liverpool when he introduced the Corn […]

The Bear’s Lair: End the floating exchange rate farce

Ever since the Bretton Woods exchange rate system ended in 1971, the world has used exchange rates between most currencies that float freely. After 54 years, we can surely say this has not worked; the dollar price of gold, the truest indicator of real inflation, is approaching 100 times its $35 Bretton Woods price. The […]