What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
Social Right-wingers: Just imagine how you’re all going to look in 40 years… 🙁 Why do we even need the government involved in marriage?!? It has nothing to do with the government and never did. Libertarians advocate for getting the government to stop backing/supporting/granting/licensing ANY type of marriage of any kind – gay, straight, or […]
Every magic trick has three parts, or acts. This current one we are living in will be a painful trick unfortunately ON the American people and will have very dire consequences for our very way of life. Act 1: 🤢 A Terrible Virus 😱 The Coronavirus reins down fear and death on the United States. […]
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 […]
