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 […]
A decent expose on news coverage these days.
By Sean Dempsey, 07/20/25 Let no one say the following is allegory or invention. It is, I assure the reader, entirely true, having been performed not upon the floor of Parliament nor the pages of moralist tracts, but in a respectable laboratory, by a respectable scientist, using respectable mice. In the Year of our Lord […]
