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...
Respect the Fed? No, End the Fed
President Joe Biden has unveiled a three-part plan to fight inflation — or at least make people think he is fighting inflation. One part of the plan involves having government agencies “fix” the supply chain problems that have led to shortages of numerous products. Of...
End the Fed and Get More Doritos
The US government’s Consumer Price Index indicates prices have increased 7.9 percent in the last year. While this statistic shows the highest rate of increase in forty years, it still understates the amount prices have increased, in part because the statistic is...