Powell Admits the Fed Is Failing on Inflation, and Promises More Rate Hikes
Last year, Powell was full of confidence. Now what we have from the Fed and FOMC are increasingly vague statements about "soft landings" and inflation.
Last year, Powell was full of confidence. Now what we have from the Fed and FOMC are increasingly vague statements about "soft landings" and inflation.
Modern warfare is a product of the state, which engages in violence at home and abroad. Peace is possible, but only when the state loses power.
The Ponzi game known as selling US government debt is nearing its end. The seller is running out of suckers.
At a time when inflation once again ravages the dollar, we recall Murray Rothbard's wisdom in his article "The Case for a Genuine Gold Dollar."
As inflation advances and the economy slowly implodes, we also learn valuable lessons.
While Elon Musk says he will bring free speech back to Twitter, the forces of statism will not be still. The jury is out on how successful Musk's experiment will be.
As the economy moves into recession, government and Fed officials will increase intervention. If they want an economic recovery, the best course is to permit free markets to work.
The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.
As the inevitable economic downturn becomes more evident, the Fed will attempt to stop deflation. But what this economy needs is a good dose of it.
While much attention has been directed toward Ben Bernanke's Nobel, the banking theories of Nobel winners Douglas Diamond and Philip Dybvig also need a second look.