Rising Interest Rates Are Revealing the True Damage Done by the Fed
Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.
Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.
Ryan McMaken joins Jeff and Bob for a hard look at the economic reality Americans face today.
Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.
Ryan McMaken and Tho Bishop talk about the increasing decay of federal legitimacy.
By late 2021, fueled by trillions in newly printed money, gasoline prices had surged to ten-year highs. Now, even in inflation-adjusted terms, gasoline prices are surging to new highs.
The so-called Great Reset is an attempt by wealthy elites and their allies to control people's lives. Their schemes need to be both exposed and resisted.
Americans are looking at a grim energy future, thanks to government.
California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective.
Year-over-year PPI growth came in at over 10 percent for the sixth month in a row. This will put more pressure on the Fed to "do something."
Ryan McMaken and Zachary Yost examine some reasons why early Americans hated the idea of a professional standing army.
Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions.
During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent.
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.
Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe.
Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems.
Do technology and machine learning portend an end to scarcity and a solution to monetary policy? Jeff and Bob discuss.
Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.
Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.
The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax.
The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.