Inflating the money supply (aka creating massive inflation) during a crisis and going into massive debt is like trying to dig your way over a mountain. History should be our guide, not Keynesian vudu. Actual transcript from Powell during his interview on 60 Minures below: https://www.cbsnews.com/news/coronavirus-economy-jerome-powell-federal-reserve-chairman-60-minutes/#app Scott Pelley: Where does it come from? Do you […]
Work hard for your money, thieves steal half it away.Sell plants on the street, in a cage you will pay.Pick up a gun for your country for noble wars they begin;They say if you kill for thieves then murder’s no longer a sin. Try to save cash, and its value will fade.Brigands steal from you […]
I would here like to counter the “witch-hunt” narrative and attempt to present, in a more orderly and comprehensive fashion than ad hoc conversation would allow, the facts which should provide the basis for any conversation on this topic. I submit the following timeline. In it, I have tried to compile a good amount of […]
