Politics

The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after result of our government’s monetary policy.

Instead of fearing another government shutdown Americans should be hoping and praying for one – and not just a five weeker. What a great Christmas gift to the entire nation that would be!

“There was no ‘classical’ liberalism, only a single liberalism, based on private property and the free market, that developed organically, from first to last.”

President-elect Donald Trump has declared that he will raise tariffs his first day in office. Our economy, however, does not need government-created roadblocks to trade. Instead, we need free exchange and sound money.

War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer.

Modern historians tend to view the post-Civil War Reconstruction period as a time when the victorious northern states attempted to bring law and order to the South. However, by establishing a de facto police state, the North further poisoned relationships between whites and freed slaves.

One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful as inflation. However, as Austrians point out, there is no “optimum” amount of money in the economy, since prices adjust.

We won’t stop educating the future champions of freedom. We are in this together, “this” being nothing less than the battle to save Western civilization from the latest onslaught of socialist tyranny.

First the Federal Reserve raises interest rates—and then it cuts them. The economy is “great,” but apparently needs constant adjustment. The Fed‘s strategy has been to lurch from one position to another, all the while telling the rest of us not to panic.

Thanks to the Fed’s balance sheet and the Fed’s policy on reverse repurchase agreements, it’s hard to tell whether the Fed is being hawkish or dovish.