Monetary Policy and the Present Trend toward Central Planning
There is need to realize that the economic policies of self-styled progressives cannot do without inflation. They cannot and never will accept a policy of sound money.
There is need to realize that the economic policies of self-styled progressives cannot do without inflation. They cannot and never will accept a policy of sound money.
Government healthcare is centrally planned healthcare. Innovations in the decentralized "digitalization" of medicine could finally move medicine back in the direction of markets.
It turned out that taxation with representation could be just as oppressive as taxation without representation. Or worse.
Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities.
The fact that such a vacuous and irrelevant example became such a compelling argument for the government restriction of freedom of speech in many other areas is disturbing.
Supporters of vaccine mandates are pushing the idea that healthcare is a communal resource. This idea allows them to make false moral claims about how everyone owes it to "society" to get vaccinated.
Many parents are becoming angry over the contempt with which they are treated by school officials. So school board officials are attempting to use federal "harassment" laws to silence critics.
The velocity of money does not have a life of its own. It is not an independent variable and it cannot cause anything, let alone offset the effect of increases in money supply on the prices of goods.
Central banks always and everywhere weaken economic growth by undermining the propensity to save; they are destabilizing the economy by fueling a debt economy.
Further, if solidarity is a value, why can’t the common enterprise be that people in a society share a commitment to the free market? Or is solidarity only good when people jointly do things socialists like?