[This talk was delivered on Saturday, September 3, 2022, at the Ron Paul Institute conference in northern Virginia.]
Remember the quaint old days of 2019? We were told the US economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if covid had not come along, there is a pretty good chance Donald Trump would have been reelected.
Three months have passed since quantitative easing officially began. Per the official plan the Fed was to reduce US Treasuries by a maximum of $30 billion and Mortgage-Backed Securities by $17.5 billion per month. So far they’ve been reducing their assets by around half of the total limit of $47.5 billion a month.
The immigration debate has polarized societies across the Western world. Objectors assert that the influx of migrants has corroded social relations, and defenders argue that immigrants release a dose of entrepreneurial dynamism.
Some libertarians have said that there’s a lot to like about the “criminal justice reform” prosecutors, which effectively refers to those district attorneys whose campaigns were financially supported by George Soros. These district attorneys specifically want to decrease incarceration rates (as well as racial disparities in incarceration rates). But are they acting in good faith?
