The Ignoramus-in-Chief Declares: “I Love the Inflation”
Politicians of both parties constantly say and do things that make no sense in terms of the goals they publicly claim to be pursuing.
Sound Money, Artificial Intelligence, and the Pope
April Money Supply Growth Hit a 49-Month High. And Prices Soared.
Raising Interest Rates Does Not Counter Inflation
According to minutes from the US Federal Reserve’s April meeting, a majority of officials thought that higher interest rates may become necessary to combat a resurgent inflation. According to the minutes, a majority of the participants highlighted that “some policy firming” would likely become appropriate if inflation were to continue to run persistently above the Fed’s 2 percent target.
But would a higher interest rate stance counter inflation? The key here is the definition of inflation.
Nothing should be nationalized
Democrats and Republicans have been arguing over the issue of election integrity ever since Donald Trump lost to Joe Biden in the presidential election of 2020. A key feature of this debate is the question of whether illegal immigrants are voting in American elections. Many Republicans maintain that significant numbers of them are indeed voting in our elections. Their real concern, of course — Republicans being Republicans — is that illegal immigrants supposedly vote overwhelmingly for Democratic candidates.
Bills and orders
Oil execs sound the alarm over dwindling stockpiles
For more than 15 weeks, the U.S. and other countries have had to dip into oil tanks and strategic reserves to make up for the millions of barrels of oil trapped behind the strait.
Federal Reserve surveys warn of rising inflation and food costs in 2026
It turns out printing $6 trillion during the Covid Panic has some longer term effects.
Swiss voters reject proposal for population cap
Switzerland’s population has grown far faster than that of surrounding EU states, rising by 23% since the free movement agreement came into effect in 2002.
Natanyahu has failed in Iran (so far)
The US-Israel plan to turn Iran into a failed state like Syria has failed. The US didn’t even get Iran’s enriched uranium.