With Inflation at a 40-Year High, the Fed Is Too Afraid to Act

According to the Bureau of Labor Statistics (BLS), Consumer Price Index (CPI) inflation rose 7.5 percent in January, year over year. This was, the BLS notes, the ”largest 12-month increase since the period ending February 1982.” Moreover, 

The all items less food and energy index rose 6.0 percent, the largest 12-month change since the period ending August 1982. The energy index rose 27.0 percent over the last year, and the food index increased 7.0 percent.

The Great Burt Blumert

Today would have been the ninety-third birthday of Burt Blumert, one of the greatest personalities of the modern libertarian movement. Burt was the indispensable man behind the scenes and was a key figure in the Mises Institute, the Center for Libertarian Studies, the Rothbard Rockwell Report, and LewRockwell.com. He was one of Murray Rothbard’s closest friends; and when you met him, it was easy to see why Murray liked him. He was a genial and kind person and a source of wise counsel to all those fortunate to know him.

Thoughts on Joe Rogan

I must admit that I rarely pay attention to cancel culture because empty vessels are unworthy of my attention. As a professional guy, who is constantly working, researching, and preparing for my Youtube interviews, I can’t afford to indulge headless chickens. Currently, the world is fixated on the exodus of creators from Spotify to protest Joe Rogan’s apparent promotion of Covid Vaccine Misinformation, and although twitter is plastered with commentaries the truth is that most people are only polluting the internet with their unbearable inanity.

European Government Expansion Did Not Expand the Job Markets

For the past two years, governments in the European Union have engaged in contradictory actions by both suppressing economic growth through lockdowns and other covid-19 restrictions and simultaneously trying to “stimulate” their economies through monetary expansion by the European Central Bank. The results, not surprisingly, have fallen far short of hopes and expectations by central bankers.