Because you certainly are not getting it, even AFTER it happens, in the mainstream press. So, there you have it—the stealth staglfationary recession I’ve been saying we are in.
When he announced the initial plan to expand its gold reserves, National Bank of Poland Governor Adam Glapiński said holding gold was a matter of financial security and stability.
The expansion of the money supply is, by definition, inflation. By easing its monetary policy, the Fed is effectively committing to creating more inflation.
Economist Thorsten Polleit said, “The path to becoming a surveillance state regime will accelerate considerably” if and when a digital currency is issued.
Authoritarianism leads to poverty, war, chaos in the streets, and a lack of compassion for the less fortunate. Liberty leads to prosperity, peace, and a flourishing of private charities.
The rise in producer inflation certainly indicates we are not in a price-restrictive environment. We’re going to get burned by more inflation and then by more inflationary cures.
Given the abundance of excellent arguments in favor of the free market, there is no need to use argument that accept the enemy’s premise that equality is a good thing.
Basically, we now get bazookas fired by the government and the Fed. Monetary and fiscal policies are used during financial crises on a scale we’ve never seen before.
