Thanks, Fed Economists: Inflation Surges Yet Again as Real Wages Drop
Not since 1981 has the inflation rate been higher than May's rate of 8.6%. Meanwhile, the Fed's idea of "quantitative tightening" is cutting its portfolio 0.5% over eight months.
Not since 1981 has the inflation rate been higher than May's rate of 8.6%. Meanwhile, the Fed's idea of "quantitative tightening" is cutting its portfolio 0.5% over eight months.
The Fair Tax is a supposed alternative to the income tax. But the name does not matter, since a tax is still a tax.
Not only must the war against progressivism be fought with a religious fervor, but it must also be, in Rothbard’s words, “openly and gloriously reactionary.”
Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe.
The specter of stagflation is with us again despite Keynesians' claims that a new bout of inflation will lower unemployment. What causes it?
Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it.
Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt.
Instead of “respecting the Fed’s independence,” President Biden should work with Congress to audit, then end the Fed.
Many of the conventional strategies favored by freedom activists often fail to produce results. Lew Rockwell suggests some alternative strategies.
Since the state is incorrigible and incapable of being reformed, perhaps the best way to deal with government predations is to boycott the elections.