The SCOTUS decision on abortion isn't really about the legality of abortion in America. It's all about how far you have to drive to get one. But many progressives can't stand that people have different values in different places.
Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy.
Here we are in 2022, worrying about if the world's oldest nuclear powers will be the ones to touch off a global nuclear war. It's not Pakistan or North Korea or "proliferation." It's Washington and Moscow, yet again.
While economists and journalists are fond of saying inflation is "X" percent, in reality, the price indexes don't measure inflation accurately. Instead, they are statistical constructs created to benefit the government.
Last year, Joe Biden and his administration claimed that inflation was "transitory." This year, Vladimir Putin gets the blame. Next year, Biden will blame American businesses. And the beat goes on.
