inflation
To Make America Great Again, Separate Money and State
“Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis” is the title of one of the many executive orders President Trump issued in his first week back in the Oval Office. This executive order directs federal agencies to...
Fed’s Rate Cut Helps Candidate Harris but Will Hurt President Harris (or Trump)
Many investors, businesses, and consumers cheered the Federal Reserve’s first interest rate cut since March of 2020. The Fed’s 50 basis points interest rate reduction was larger than many Fed watchers anticipated and was followed by suggestions that there are more...
Republican Platform Ignores Real Causes of Inflation
The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. The platform contains some proposals, such as reducing regulations and extending the 2017 tax...
Will the Fed Lose Control?
According to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both begin running deficits in 2035 and 2036. Disappointingly, but not surprisingly, Congress was too preoccupied spending...
What Inflation? What Justice? Fed Chairman? #AskRonPaul
The Senate Calls Out-of-Control Spending a National Security Threat, Keeps Spending Anyway.
Last month, the US Senate passed a resolution saying the over 34 trillion dollars (and growing) national debt threatens national security. A few days later, a bipartisan majority of the Senate voted for a 1.2 trillion dollars spending bill. In addition to the usual...
Blame the Fed for ‘Shrinkflation’
President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation. Shrinkflation occurs when businesses reduce the amount of goods sold in...
Ayn Rand, Stamps, and Inflation
Ayn Rand was a novelist and philosopher. Less well known is that she was also a stamp collector. In her 1971 Stamp Journal essay “Why I Like Stamp Collecting,” Rand discussed why she became “hooked” on the hobby. The engaging essay offers several reasons including...
Soft Landing or Hard Crash?
A clip from the 1990 movie Home Alone where the lead character purchases groceries, household goods, and toys recently went viral because he paid a total of $19.83 whereas today the same purchase would cost over three times as much. Ironically, while this evidence of...
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