In the last few years, it seems as if there has been a hot new story about a different commodity facing some form of shortage every single day. Most recently we have seen a baby formula shortage. However, that is most certainly not the only one we have seen of late. We have seen chicken wing shortages, lumber shortages, medical product shortages—heck, even toilet paper shortages (although I’ll admit that that last one was probably nothing more than goofy panicking).

Over the past few decades, the executive branch of the federal government has taken an increasingly autocratic approach to governing. Past presidents have unilaterally attempted to bypass Congress due to partisan gridlock and the inevitable tug-of-war involved in governing a nation of 330 million people. President Joe Biden has governed in a similar fashion, regardless of progressive anger at him for not “doing something.”

McDonald’s Corporation has announced that it will permanently leave Russia, closing 850 outlets.

The actions of the authorities in developed countries, essentially an extension of the Keynesian economic policy discourse, have brought the economies into disrepute. These actions consist of immense stimulus and virtually unfunded government indexation of voter income in the face of expected impoverishment amid covid, lockdowns, and other global problems.

Sound money is now more portable than ever! Paper banknotes were originally created and issued by private banks as receipts for their depositor’s gold. Said receipts were then used by the customers as currency, being traded between themselves and businesses to avoid the burden of transporting gold. Over time, these privately issued notes were eventually replaced by the Federal Reserve’s own paper bills. Dollar bills were entirely severed from their gold backing when the Nixon Administration decided to go off the gold standard.

While the Free Market Medical Association [FMMA] is made up of buyers, sellers, and intermediaries, we decided this year to focus primarily on buyers. That decision inspired the remarks I’ll make today. We have always believed that the growth of this movement hinged on an empowered, enlightened, and red-pilled buyer. The seller’s then forced to accommodate buyer preferences.

Is the current housing market in a bubble that is ready to pop? If so, what is the source and magnitude of the market distortion. The topic of a possible housing bubble has been a topic of discussion lately, especially before Fed officials went on the warpath against Consumer Price Index (CPI) inflation. I have been asked about this issue and below is a truncated response to all those inquires.

Undeniably, the advent of Christianity has fundamentally transformed the world. But this startling fact has been obscured by thinkers eager to depict Christianity as a backward religion that derailed progress. The conventional narrative suggests that Christianity is an archaic religion responsible for thwarting science in the Middle Ages and delaying the transmission of human capital.

With the Federal Funds Target rate set between 0.75% and 1.0%, and the Fed’s promise to increase rates and reduce asset purchases in the coming months, some consideration should be paid to servicing the USA’s $30.5 trillion debt.