Inflation, the Price Level, and Economic Growth: Everything the Elites Tell You about It Is Wrong

Fundamentally, inflation is fraud. The central government or bank printing more money lessens the value of the money already in circulation. A truckload of sand isn’t particularly valuable in Saudi Arabia. An increased supply of money means ultimately that prices denominated in that money will go up. Unless you are the one to receive that new money at its point of entry, and thus keep pace with the inflation, the real value of your money holdings will go down.

Mandatory Vaccines vs. Logic and Kantian Ethics

The case in favor of mandatory vaccines rests upon faulty logic and violates ethical principles. A vaccinated person protects himself to the extent of the vaccine’s capability, which may be close to 100 percent, as in the case of polio and smallpox vaccines, or much less, as in the case of the covid-19 vaccines. One may take the vaccine and enjoy its full protection even if one is the only person so vaccinated. If everyone else takes the vaccine, one’s protection is NOT increased. And if everyone else refuses to take the vaccine, one’s protection is not diminished.

Throwing the Fed’s Machinery in Reverse: Fed Interest Rate Policies Continue to Damage the Economy

According to Federal Reserve minutes from last month, Fed officials expressed a willingness to push ahead with a tight interest rate stance to eradicate the inflationary menace. For most commentators, inflation is seen as a general increase in the prices of goods and services, so raising interest rates will soften the increase in prices.