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Probably China is paying Russia in Renminbi, don't you think? China should be in the drivers seat here.

or use egg yolks. Each large size egg yolk will emulsify up to about 5 TBS of butter or up to around 3/4 cup of oil plus lemon juice, vinegar or wine --- the principle behind homemade mayonnaise, hollandaise. and several other sauces. I often make homemade mayonnaise to avoid all the additives...

This is all well and good so long as you have good health in general, but the single most important thing to do if you want to maintain a healthy prostate is make sure your free testosterone stays in mid to upper half of the normal range for a healthy forty-five year old man. After about age...

Actually the difference in the popular vote was 7,059,547, in Biden's favor. Biden will win the popular vote in the 2024 election by an even greater margin, but who knows what will happen in the electoral college. The Trial may be about to get started again but Trump is appealing the...

The original "Hansen Hypothesis" underlies the popular view that the Earth is under going global warming due to man-caused CO2 emissions from fossil fuel burning. The Hansen hypothesis requires positive feedback wherein an insignificant temperature effect from rising CO2 results in a larger...

If the time to recharge is significantly longer than the time needed to refill with gasoline, will widespread adoption of electric vehicles lead to both a new wave of obesity and higher profits for recharging stations that serve food?

It at least seems that way at times. Most likely, like many things, democracy would be most appreciated after it's lost.

Perhaps the confusion of the terms is coming partly from The Anti-Defamation League that has for years conflated Anti-Zionism, Criticism of Israel's government, and hatred of Jew's. If a non-Jew outside of Israel offers legitimate criticism of Israeli government policy, both they and their...

The Fed is fighting inflationary fiscal policy with monetary policy. It's like bringing a pea shooter to a knife fight. Of course a 5.25-5.50 policy rate is too low to force down inflation by much. The current policy rate is the same as Larry Summers suggested, at the outset, would be...

Ummm, I wrote democratic (an adjective) with a small "d" .

Noah, You don't remember the 16th Century Dutch Tulip mania, do you? Neither do I. I have only read about it. Precisely the same thinking that made Tulip bulb prices skyrocket in the 16th Century are making bitcoin, or this or that penny stock, skyrocket, or yoyo, today. Be careful young...

Funny or not, that's exactly what I think! I want a democratic Congress or Parliament to control my money! Therefore, I wish the USA had both better public education, and a more democratic process for electing its Congress and President. That's what I think would be really good for me.

I guess foreseeable future is kinda open ended. I know it would be foolish to say the U.S. would never suffer from hyperinflation. Nothing in the future is certain, maybe except for death and taxes. Currently USD, and to a lesser extent, EUR, JPY, AUD, and GBP are all "safe haven" currencies...

I doubt you'd be happy with a government that doesn't have control of the money it supplies to its own "system".

This is one reason Taxing appropriately is so very important to long term stability. Progressive taxation has broken down in the U.S. for purely political reasons. "Most hyperinflations are the result of a breakdown in the tax system." --- L.Randall Wray The U.S. is still long ways off from...

Oh. Then you're apparently insane.

There will be no hyperinflation in the Western Democracy's for the foreseeable future.

Do you have a country in mind that doesn't use fractional reserve banking?

There is a lot of truth in this. That's why the U.S. has to act responsibly if it wants to maintain the reserve status of the dollar. Our Federal reserve regularly cooperates with all the other major Central Banks around the world. It is highly respected, and that's why Yellen expressed great...

Indeed our Treasury and Fed were instrumental in preventing a much worse calamity. We printed the bailout money, and it was returned to us with interest. Overall the U.S. made money from the bailouts. Neither the Fed nor the Treasury can give money away. Only Congress can do that. The...