Building up non-state institutions is a key factor to being free in an unfree world.
The more things change, the more they remain the same. In our present age of inflation, we are reminded of how Diocletian and other Roman authorities ordered price controls and other measures to hold down prices. None of these edicts were successful in bringing down
Jeffrey Miron A standard assumption about elected officials is that they act in the best interests of their constituents. Perhaps that is true in some cases, but more generally they seem motivated by self-interest: In response to the COVID-19 pandemic, the US government transferred nearly $1 trillion
The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime, particularly in the face of a decision like this, to avoid “spooking markets”, though this veneer is easy to see through.
Banking systems around the world have huge effects on our lives, yet few people understand how banks work. Worse yet, even fewer understand the malign powers of central banks and how this system undermines economies. Thus, it is important to demystify these systems.
The Fed is desperate for you to think that "this time is different." Unfortunately, Powell can't seem to come up with explanation of why that is the case.
After Trump narrowly escaped another assassination attempt, the establishment seems uninterested in the motives of the would-be shooter. Perhaps that’s because he’s echoing the same simplistic narratives about the Ukraine war and Trump that they demand we all believe.