John T. Reed’s news blog

I have researched leaving the U.S. in case the nation got hyperinflation. When you read about hyperinflation in other countries in the past (Germany) or present (Venezuela and Argentina), it is crystal clear that you need to get out of the hyperinflated country. .My tentative conclusion is that the best way to do it is on 90-day tourist visas. That is, you go to another country, stay 90 days, then go to a second country for another 90 days, and so on. I figure hyperinflation in the U.S. would last about six to 24 months. I rejected seeking a second passport...

The University of Chicago has announced it will no longer require SAT or ACT scores on applicants. They are apparently the most academically prestigious University to do that..You know what I bet that is about? They are discriminating blatantly against whites and Asian and want to continue doing that and don’t want to get caught so they are preemptively destroying the evidence.So where do you go if you are white or Asian? One private university in CA—Cal Tech—or to a UC or Cal State school. How could CA possibly be a place to avoid affirmative action?Cal Tech chose to. It...

How bad is the discrimination against white males and Asians at West Point? Similar to as bad as at Harvard, Yale, and Princeton—which are being sued by Asian groups for discrimination. A young West Point grad/Harvard MBA used the Freedom of information Act to get pertinent data. You can see his analysis at https://usmadata.wordpress.com/. According to the data, if you are white, and apply to West Point, your SAT score is not adjusted. If you are Asian, they subtract 50 points from your actual SAT score to get the adjusted SAT score that they use to decide whether to admit you....

I hope the summit leads to substantive elimination of the threat of NK nukes and missiles. It had not yet from what I have heard. Sounds like each side gave the other the “sleeves off its vest.” That is, they gave up stuff that matters little to them..I saw nothing wrong, but nothing substantive and good either, other than the general tenor of the two sides..It is possible that Kim has decided to take a new direction from what is father and grandfather did. Indeed, he seems to have said that. Consider Kim’s perspective if he does that. .He was somewhat...

I love the Wall Street Journal, but they occasionally write about stuff where I am an expert, and reveal that they are too reliant on twenty-something Ivy League grads with no subject matter knowledge in any subject. They just find some supposed experts whom they quote. .But their lack of knowledge and understanding of the subject prevents them from getting the story right. The less you know about the subject, the harder you need to work to get the story right. And I see no evidence of such work..Case in point: Today’s page M6 article “Tax laws have buyers on the...