The Fed may slow or eliminate new bond purchases but is not planning to sell. Meanwhile, producer prices have skyrocketed and Americans are consuming more but producing less. Get ready for entrenched price inflation.
“Rather than try to create a universe like Facebook, I said, ‘Why don’t we go in and buy the parcels of land in these metaverses, and then we can become the landlords?’”
Deflation empowers the citizen by allowing her modest savings to purchase more goods over time. Inflation empowers the state by reducing the size of its enormous debts in real terms—and through the inflation tax.
With her new bill, Representative Ann Kuster wants to “bolster and quicken our nationwide vaccine rollout” by keeping track of the vaccination status of every American.
Instead of protecting us, the state has delivered us and our property to the mob. The tenets of the Austrian school are the only way to fight back this encroachment.
I was astounded at how many despots the World Bank was propping up. Bankrolling tyrants is the equivalent of a Fugitive Slave Act for an entire nation, preventing a mass escape of political victims.
The US and NATO must do as little as possible to contribute to the conflict in Ukraine. This especially includes continuing to arm Ukraine and insisting that it has a future in NATO.
Regulatory powers have enabled government agencies to push vaccine mandates in new ways. But the welfare state also offers many ways to "encourage" compliance from nearly everyone.
A lot of economic policy is based on "economics" which makes assumptions that have very little to do with actual reality.
I don't know how much vaccine mandates have played a role in the massive exodus from the workforce, but I do know it's important to consider the possibility that the two are correlated.
