Monetary inflation is highly desired by the state. This has been the case thought history and still is the case today. That is because inflation facilitates government spending beyond the revenue it takes through taxation. Government spending gives rulers, politicians, and bureaucrats greater centralized control and commanding power over people’s lives (i.e., the economy and society).
Within days of the beginning of the Russian invasion of Ukraine, the Ukrainian regime applied for membership in the European Union. This is understandable from the perspective of Kyiv. If Ukraine is going to be denied membership in the North Atlantic Treaty Organization—as increasingly looks to be the case—the Ukraine regime could nonetheless increase its geopolitical connections to the West by joining the EU.
American politics is a duopoly; consequently, the Democratic Party’s imminent division and collapse will soon lead to the resurgence of an anti-Republican Party. The entire process, therefore, will only appear shocking and unpredictable; in fact, it’s inevitable.
American policy makers have shown a surprising amount of sanity so far in response to Russia’s invasion of Ukraine. While some war enthusiasts among the American punditry have certainly been agitating for World War III, the leadership in both the White House and Congress has repeatedly and straightforwardly refused most calls to escalate the conflict.
What almost everyone calls “inflation” is really a rise in the general price level. OK. But the real definition of “inflation” is inflation of the money supply. A rise in the general price level is a consequence of inflation of the money supply.
Journalist, historical analyst, and conspiracy theorist Mathew Erhet joined Whitney Webb’s Unlimited Hangout podcast titled “Fabians and Fascists”. Erhet made several extraordinary claims, many of which I found intriguing and planned to verify later. I was impressed with Erhet as he was quite articulate and pulled “facts” from a seemingly endless memory bank. However, the following comment caused me to reassess my initial impression:
