Tag Archives: central planning
Central Planners of the World, Unite!
If you want to understand what’s up with raging consumer price inflation and Fed monetary policy, you must understand this. Right now, in the United States as in most of the world, we have a scam currency that’s controlled by central planners. Specifically, we have what Karl Marx envisioned in Plank No. 5 of his Communist Manifesto: “No. 5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” Continue reading
How Central Planners Sow Seeds of Economic Ruin
U.S. money printers have recklessly sown dollars in fruitless places over the last 50-years. They’ve squandered opportunities for greater economic growth by sprinkling debt based money into fields with little to no potential for productivity. Continue reading
Karl Marx’s Road to Hell is Paved with Fake Money
“The way to Hell is paved with good intentions,” remarked Karl Marx in Das Kapital. The devious fellow was bemoaning evil capitalists for having the gall to use their own money for the express purpose of making more money. Continue reading
When Boom Turns Into Crack-Up Boom
U.S. dollar printing in its current form is a crude procedure. The Treasury issues debt. The Federal Reserve then expands its balance sheet, creating credit from nothing, and loans it to the Treasury. The U.S. government then spends the debt based money into the economy via federal contracts, programs, and, now, stimmy checks. Continue reading
