Will Powell Pivot as Currency Wars Escalate?
Ryan McMaken and Tho Bishop discuss Jay Powell's exercise in Fed-speak this week.
Ryan McMaken and Tho Bishop discuss Jay Powell's exercise in Fed-speak this week.
Because government officials do not worry about the consequences of making mistakes, the government should not be permitted to regulate anything as important as vaccines.
What at first seem like gifts from the state (handouts for some at the expense of others) lead to unfortunate events that cannot be stopped once begun.
Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.
Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor.
The Fed is insolvent, and that means that it will bail itself out by printing money. For ordinary people, that means inflation and a rising cost of living.
It is no secret that freedom, both socially and economically, are disappearing in the USA and Great Britain. The consequences will be most severe if we do not reverse these patterns.
Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.
No one will read For a New Liberty and not see the world with very different eyes afterward.