Federal Reserve
Today in History: President John Tyler Vetoes a National Bank Bill Sparking Violent Protests
On this date in history, August 16, 1841, President John Tyler vetoed a bill to charter a new national bank to replace the Second Bank of the United States. Tyler’s veto led to demonstrations that still rank as the most violent protest on White House grounds in...
Inflation Reduction Act: Another DC Lie
The Affordable Care Act, No Child Left Behind, and the USA PATRIOT Act received new competition for the title of Most Inappropriately Named Bill when Senate Democrats unveiled the Inflation Reduction Act. This bill will not only increase inflation, it will also...
Inflation Even Hurts the Penguins
A recent video shows penguins at a Japanese aquarium rejecting the cheap fish the aquarium has substituted for the higher quality fish the penguins are used to receiving. The reason the aquarium switched fish is because rampant inflation has made it impossible for the...
The Fed, and No One Else, Is Responsible for Inflation
According to commentators in the mainstream press and various federal officials, inflation is like the coronavirus. It spreads around the world, hitting different countries in different ways. Sometimes a country will experience only mild symptoms and sometimes more...