Clifford F. Thies
‘A Man, A Plan, A Monopoly?’ More History of the Panama Canal
This article is a continuation of A Brief History of the Panama Canal. As the nineteenth century turned into the twentieth, the French were looking for a buyer for their […]
Victor David Hanson and his Smoot-Hawley Strawman
Victor David Hanson, a noted military historian turned prolific pro-Trump commentator, said, on the Megyn Kelly Show, he “can’t think of a tariff that caused a major recession or depression.” […]
A Brief History of the Panama Canal
The Panama Canal was opened in 1914. It was an enormous undertaking. The canal took ten years to complete (from the time Teddy Roosevelt got our country’s work on the […]
The Golden Constant
“The fear fueling this increase in the demand for gold is that the “unsinkable” ship of state has been so compromised by debt that it now risks slipping under the waves.” ~Clifford F. Thies
Catch-up Inflation
“Where there is collective bargaining, workers go on strike to demand higher wages in order to catch-up to inflation. Elsewhere in the economy, individual workers bargain for higher wages with their current employer, or begin searching for better-paying jobs.” ~Clifford Thies
Inflation: Expected and Unexpected
“Expectations may be rational, but this doesn’t mean they’re right. And, this doesn’t mean there won’t be hell to pay when they’re wrong.” ~ Clifford Thies
Pentagon Corrects “Accounting Error.” As Always, the First Casualty of War is the Truth
“Why has the Pentagon flipped? Obviously, the Pentagon initially wanted to exaggerate the amount of aid being given to Ukraine. ” ~ Clifford Thies
Duginism
“Dugin sees this history, and embraces it. Lord Acton taught us, ‘power tends to corrupt, and absolute power corrupts absolutely.’ Dugin says, absolute power is wonderful.” ~ Clifford F. Thies
Not so Modern Monetary Theory
“If the issue of an unbacked or insufficiently-backed currency exceeds the amount needed to pay the tax, and even exceeds the amount in demand as a medium of exchange, the value of that currency will fall (or, there will be inflation).” ~ Gary M. Pecquet & Clifford F. Thies
Renaming Army Posts
“The renaming of an Army post should be a positive, not a negative statement. Renaming some of them should not be about erasing our history, but adding to our history. Heroes from the ranks of the common soldier should be honored.” ~ Clifford F. Thies
