With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation.
The standard line among the Great Reset crowd is that capitalism exploits poor nations and causes poverty. In reality, capitalism and free markets have reduced poverty around the world.
Since the 1940s, failed statist schemes have dragged Argentina into poverty. Javier Milei, who is gaining popularity there, hopes to change his nation's sad history.
The end of Roe may force many Americans to recognize that the United States is not one place. It is many places. The key is to reject uniform federal policy.
Washington set out to transform a people's army, uniquely suited for a libertarian revolution, into another orthodox and despotically ruled statist force after the familiar European model.
