The Fed’s Brilliant Plan? More Inflation and Higher Prices
Federal Reserve Chairman Jerome Powell recently announced that the Fed is abandoning “inflation targeting” where the Fed aims to maintain a price inflation rate of up to two percent. Instead, the Fed will allow inflation to remain above two percent to balance out...
Coronavirus Fallout With Mike Maharrey and David Knight
I recently appeared on the David Knight show to talk about the fallout from government actions in response to the COVIV-19 pandemic. In the first segment, we focused on executive orders. I explained why nobody should be pleased with the president’s use of...
July Federal Budget Deficit a “Mere” $63 Billion
Good news! The federal budget deficit for July was only $63 billion, according to the latest Monthly Treasury Statement issued by the Treasury Department. Of course, this isn’t really good news. Sixty-three billion is a huge number. I say “only” simply because...More bailouts and money printing is only going to make all our economic problems even worse. @mmaharrey10th #EndTheFed pic.twitter.com/rIU74zm5Bd
— TenthAmendmentCenter (@TenthAmendment) August 5, 2020