Harris promises to reduce prices by printing more money, reducing competition, and attacking businesses. Welcome to the US version of Argentina's “Peronism.”
Price inflation is never caused by greed. It's always caused by a growing money supply. The money supply has grown big-time since 2020, and now we pay a lot more for food and housing.
With the US government engaged in out-of-control spending, we are looking at tax increases in the coming years. And even if Congress does not pass official tax hikes, we will see the government seizing wealth via inflation.
From 1949 to 1962, American libertarian R.C. Hoiles and Ludwig von Mises corresponded many times, discussing issues relating to state power. While the correspondence at times was acrimonious, nonetheless, it offered valuable insight into the issues we still face.
The Fed promises a soft landing, but the fact that the Fed now plans to start cutting interest rates is one of the strongest recession signals we can get.
With the US government engaged in out-of-control spending, we are looking at tax increases in the coming years. And even if Congress does not pass official tax hikes, we will see the government seizing wealth via inflation.
The US will add another $2 trillion to the total debt this year, and the US is now spending a trillion of your dollars on interest per year. There is no end in sight.
Why do libertarian candidates face an uphill battle in the duopolistic system? Which party is more likely to ally with libertarian principles?
We already knew recent jobs report—as far as the establishment survey is concerned, were based largely on made up numbers.
