Free Market Underground

Economist, investment manager, radio show host in Kansas City. I defend free markets and expose nonsensical policies.

[Free Market Underground @ChrisButlerFMU]

.@FreedomWorks @StephenMoore The #Fed is charged with creating bubbles. They are charged with popping bubbles. Popping bubbles are recessions. The problem is NOT that they are now trying to pop the bubble. The problem is the bubble they've already created that must now be popped.

[Unleash Prosperity Now @ProsperityUPN]

Don't Let the Fed End the Trump Prosperity #ampFW via @StephenMoore
https://t.co/7L4uW6dLsY

[Free Market Underground @ChrisButlerFMU]

@pokst

[Free Market Underground @ChrisButlerFMU]

@Rescue402 @jennbz1971 @StillCrankyAF @ChrisStigall Thanks Michael!

[Free Market Underground @ChrisButlerFMU]

From 11:30 to 4:00 ET, the Nasdaq staged one of the most impressive rallies of the year. It looks like the rally got some legs on comments made by Leon Cooperman on CNBC. He basically said, "The world has not ended."

[Free Market Underground @ChrisButlerFMU]

Remember when the global righteous, after losing Brexit and then the White House, decided to make sure that kind of populism was arrested? And they clamored for the defeat of LePen in the French elections and backed the dreamy Macron, a.k.a "the French Beto"? Surprise!!! 👇

[Gabriel Foley 🎙️ @gabrielfoley]

Macron’s Approval Rating Crashes to 18%.... https://t.co/GWH7AXh6VM

[Free Market Underground @ChrisButlerFMU]

@ChloeAnagnos Had you heard of Bernie Sanders or Alexandria Ocasio-Cortez 4 years ago? Is that not an uptrend in socialism? Who are the new free market superstars over the same time period? Right. That was a great thread about your family Chloe. Thanks for sharing.

[Free Market Underground @ChrisButlerFMU]

IMF's Christine Lagarde (@Lagarde) was just on @CNBC saying that her interpretation of recent Fed-speak was that they would slow down the rate hikes. Does she have inside info? I don't know. But it didn't really help the market much. It should have.

[Free Market Underground @ChrisButlerFMU]

@jennbz1971

[Nickel Systems, Inc. @NickelSystemsIn]

How 'I, Pencil' Changed My Life - Foundation for Economic Education https://t.co/xpkDq4Fsf2

[Free Market Underground @ChrisButlerFMU]

@danmsnyder @Richzeoli @ChrisStigall Great article, Dan. Thank you. So, are the tariffs w/China an attempt to correct perceived imbalances, or is it a punitive effort aimed at curbing Chinese power - both economic & military? The answer goes a long way to determining if a deal is possible.

[Free Market Underground @ChrisButlerFMU]

@DonaldDDurham I think it is a problem for some sectors. It's not for others. The real tariff threat though is that it's come at a time where global trade was already weakening. And that's dampened global trade further. We need healthy trading partners. Good question Donald.

[Hermann O. @Clarsonimus]

The paternalistic, surrogate decision-making thought necessary by enlightened #intellectuals is an expression of their natural disdain for the common man. They (down there) are too stupid to help themselves.

[Free Market Underground @ChrisButlerFMU]

I cast my Heisman ballot for #KylerMurray! Click the player you think deserves the Heisman House vote. (📍@NissanUSA)

[Free Market Underground @ChrisButlerFMU]

@PetsandPucks Ha ha! I had not heard that name in a while!

[Free Market Underground @ChrisButlerFMU]

@grafikpro @Ocasio2018 I’ve noticed many states over the last 5 years have made unpaid internships illegal. Any guesses as to the “unintended” consequences? I totally agree with you.

[Free Market Underground @ChrisButlerFMU]

@danmsnyder Pick ‘em - awesome!

[Free Market Underground @ChrisButlerFMU]

@danmsnyder ...and? Which one won? Skinny or Mom? Asking for a friend who needs to know before Saturday.

[Free Market Underground @ChrisButlerFMU]

@BackingdaBlue Exactly. Labor is no different than any good. When there is a price floor, and the minimum wage is a price floor, it creates a surplus. A surplus of labor is called unemployment. Those unemployed will be the least skilled in the surplus pool.

[Free Market Underground @ChrisButlerFMU]

Danielle: "If you can't afford to pay a #livingwage .., you shouldn't be in business. It's not your workers' responsibility to subsidize your ... business #FightFor15."

Me: Nor is it the employers' duty to subsidize employees. Min Wage = Unemployment #FightEconomicIlliteracy

[Free Market Underground @ChrisButlerFMU]

Just ban french fries. It's easy with a constitutional amendment. Plus this guy's from Harvard, so he must be smart and smart people are always right. Nutrition wonks from the Ivy League have been spot on accurate for the past century.

[Talk Radio 1210 WPHT @1210WPHT]

#Harvard professor suggested eating only 6 French fries per serving, which prompted backlash online, so, he responds

https://t.co/ou2h58pAAU