Last year, Paypal corporation announced that it was going to “fine” users (i.e., steal their money) to the tune of $2,500 for “the sending, posting, or publication of any messages, content, or materials” which “promote misinformation.” Well, Paypal didn’t “announce” the policy so much as try to sneak it into the fine print.

Moral Progress in Dark Times: Universal Values for the 21st Century by Markus Gabriel, translated by Wieland Hoban Polity Press, 2022; xii + 281 pp.

Not surprisingly, right-wingers are celebrating the Supreme Court’s decision to declare affirmative-action policies at American universities to be unconstitutional. In the process, conservatives fail to recognize that they are, at the same time, celebrating the further destruction of American liberty and private-property rights.

Many others have explained why inflation is part-and-parcel of the status quo. 

In the simplest terms, where’s why inflation is essential:

1. Our economy and financial system are totally dependent on the expansion of credit/debt: Banks make money by issuing new loans, and financiers make money by buying and selling debt and instruments that leverage debt. Consumers can only buy big-ticket items with credit.

Over dinner the other night a business man mentioned that he had large amounts on deposit in the nation’s banks and said words to the effect that there is no way the government will let those deposits which are various company operating accounts go “pfft.”

While Americans were enjoying hot dogs and fireworks this Fourth of July, federal Judge Terry A. Doughty commemorated Independence Day by striking a blow for the separation of big tech and state. Specifically, he issued a preliminary injunction prohibiting a number of government officials and agencies from communicating with social media companies to request they censor certain posts.

The latest meeting minutes of the Federal Open Market Committee (FOMC) offers valuable insights into the make-believe nature of monetary policy. While the true motives of the Fed’s inner circle may forever remain a mystery, it is evident their narrative revolves around the quest for an ideal economic state or finding a “Goldilocks Zone” of economic data. Only when the data aligns perfectly will the Fed’s mission be complete and the battle against inflation be won.