Category: Economy

The FED Doesn’t Fight Inflation

The most important thing to understand about the persistent inflation that has destroyed 20 percent of the dollar’s purchasing power since Joe Biden took office is that inflation is not the target of government policies designed to eliminate it. Inflation is the creation of government policies and government policies which intentionally perpetuate inflation to enable the government to default unlawfully on its otherwise unsustainable debt…


The Day California Died

On June 20, the California Supreme Court ruled the Taxpayer Protection Act, a grassroots ballot initiative which would have given voters in the state veto power over new taxes, violated the state constitution. The initiative, for which proponents had already gathered nearly 1.5 million signatures to qualify it for the ballot, was a desperate attempt by taxpayers and businesses to get California’s state and local government spending under control…