Post 352: How Central Banks Create Fake Wealth, Redistribute Real Wealth and Cause Economic Stagnation

• Uber is experiencing uber sales and profit growth.
  • By charging more and giving less.
• Pubs in the U.K. are banning some politicians from their establishments.
  • It’s a tax revolt.
• Ranking airlines:
  • Southwest in the U.S. has improved.
  • But U.S. airlines score poorly on a global basis.
• Inflation in the U.S. remains firmly above the Fed’s arbitrarily set 2% confiscation rate.
  • Coffee still soaring and eggs coming back down to earth.
• Knight Swift is one of America’s largest trucking companies.
  • Sales were weak in 2024, turned positive in 2025 but have again turned negative.
    • And a look back.
• The return of the establishment hacks.
  • Politically motivated  economic commentaries, by both sides, simply deflect from reality.
    • And hinder the public’s ability to demand the right actions from our government.
      • Which I suppose is the whole point.
• In Financial Ructions:
  • We see the bond vigilantes relentlessly holding Japan accountable.
    • And now even Germany.
  • Amazon lost almost half a billion dollars on the bankruptcy filing of Saks Global.
    • Equal to around six and a half hours of sales for Amazon.
  • Being willing to pay more for American products to save American jobs, while noble, still hurts American workers.
    • And we see that manufacturing jobs in America decreased primarily due to advances in technology.
• In our book review section, we finish our review of Depression, War and Cold War by Robert Higgs.
  • We see the tried and tested strategy used by policymakers to distract from their gross mismanagement of the economy i.e. find a common enemy.
  • And how some policymakers not only attempt to keep knowledge out of public view, but also try to shape what that knowledge is.