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economic growth

13 Quotes By Thomas Sowell Which Obliterate Progressivism

13 Quotes By Thomas Sowell Which Obliterate Progressivism

  The very same people who say that government has no right to interfere with sexual activity between consenting adults believe that the government has every right to interfere with economic activity between consenting adults. – Thomas Sowell, Ph.D., “Looking for...

Inflation Cheats the Working Man

Inflation Cheats the Working Man

What would the political left (and for that matter, the right) do if they found that one of the biggest factors in income inequality was not top income tax levels, but inflation? It might lead to a revolution and a grand coalition among people of ideologies across the...

Inflation Doesn’t Pay

Inflation Doesn’t Pay

One of the most unexamined—and almost unmentioned—economic realities of post-gold standard America is the change in America's economic growth rate since the gold window closed in 1971. Does inflation change the rate of economic growth? The Federal Reserve Bank claims...

2% Inflation Is Killing Us

2% Inflation Is Killing Us

Fed chairman Jerome Powell is increasingly under fire for his apparently inability to take inflation seriously or admit it may be more than “transitory.” There’s been much talk of tapering the Fed’s enormous asset purchases, yet—as is typical for the Fed, actual...

The Fed Is Running Out of Bubbles to Create

The Fed Is Running Out of Bubbles to Create

The Fed came out with a series of unprecedented measures on March 22, 2020. They announced the Fed will buy an unlimited amount of Treasurys and mortgage-backed securities (MBS), or as Peter Schiff refers to it, “QE infinity.” This has been very positively welcomed by...

No Bailouts

No Bailouts

That adroit member of the British Parliament Enoch Powell once said that “the supreme function of statesmanship is to provide against preventable evils.” This duty, incumbent upon politicians endowed with wisdom, is made difficult because “by the very order of things...

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