Quotulatiousness

January 1, 2017

Blog traffic in 2016

Filed under: Administrivia, Media — Tags: , , — Nicholas @ 03:00

The annual statistics update on traffic to Quotulatiousness from January 1st through December 31st, 2016. Overall, the traffic dropped slightly from 2015, which in turn was down a bit from the peak traffic year of 2014:


Over eight and a half million hits. That’s a pretty good number for an obscure Canadian blog.


The final count of visitors to the blog will be about 2,500-3,500 higher, as I did the screen captures at around 10:30 in the morning.

Absurd Trivia About King Zog – How Italy Prepared To Attack France I OUT OF THE ETHER

Filed under: Europe, History, Italy, Military, WW1 — Tags: , — Nicholas @ 02:00

Published on 31 Dec 2016

The Italian military prepared to join the Central Powers in 1914 but that didn’t happen. Learn how it all went down and get some cool stories about King Zog of Albania on top of that.

QotD: Currency Manipulation

Filed under: China, Economics, Politics, Quotations — Tags: , , , , — Nicholas @ 01:00

One of the critiques of any trade deal of late is that there should be penalties for countries guilty of “currency manipulation.” The concern is that countries will devalue their currency in an effort to make their own exports cheaper to other nations while making it harder for other countries to export back to them. As an example, if the Chinese were to do something that cuts the value of the Yuan in half vs. the dollar, their products look very cheap to American consumers while American-produced goods suddenly look a lot more expensive to Chinese consumers.

I have two brief responses to this:

  1. I find it hilarious that anyone in the United States government, which has a Federal Reserve that has added nearly $2 trillion to its balance sheet in the service of cramming down the value of the dollar, can with a straight face accuse other nations of currency manipulation. In practice in today’s QEconomy, currency manipulation means another country is doing exactly what we are doing, but just doing it faster.
  2. As an American consumer, to such currency manipulation by other countries I say, Bring it On! If China wants to hammer its own citizens with higher prices and lower purchasing power just to subsidize lower prices for me, I am happy to let them do it. Yes, a few specific politically-connected export businesses lose revenues, but trying to prop them up is pure cronyism. Which is one reason I think Elizabeth Warren is a total hypocrite. The constituency of the poor and lower middle class she presumes to speak for are the exact folks who shop at Walmart and need very price break on everyday goods they can get. Senator Warren’s preferences for protectionist trade policies and a weak dollar will hurt these folks the most.

Warren Meyer, “Currency Manipulation”, Coyote Blog, 2015-05-26.

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