Tag Archives: fiscal stimulus
The Hollow Returns of Government Intervention
Government intervention into a nation’s economy is both foolish and destructive. But that doesn’t mean governments don’t meddle each and every day with the best – and worst – of intentions. Continue reading
One Lockdown from Disaster
Implicit to the planner’s toils, is a shared sense that they know how to spend your money better than you. At best, the central planners call your money to Washington so they can then distribute it back to your friends and neighbors. In reality, the lawmakers call your money to Washington where they distribute it to their friends and neighbors – not yours. Continue reading
Fifty Basis Points To Disaster
Fiscal stimulus, including the latest $1.9 trillion American Rescue Plan Act, is a terrible joke. And the means for financing it is a terrible fraud. A massive deficit, piled upon a mammoth debt, made possible by dollar debasement. Continue reading
By Big Government For Big Government
Remember, consumer price inflation is merely the effect. Inflation, in its truest sense, is inflation of the money supply. That’s where inflation starts. That’s where the culprit resides. Continue reading