Why decentralize? One: small polities allow for more choice and opportunities for exit. Two: small is better for minorities when democracy fails. Three: small polities limit the power of aggressors.
Politicians and the media are blaming businesses for inflation when, in fact, the skyrocketing prices of nearly everything have a government stamp on them.
The FOMC's publicly stated predictions of its own future behavior are essentially useless as accurate predictors of future events. This has been illustrated over and over.
