Inflation by Fiat

September 8th, 2020  The Fed has now officially changed its inflation target from 2% to one that averages above 2% in order to compensate for the years where inflation was below its target. First off, the Fed has a horrific track record with meeting its first and...

Fiscal and Monetary High-wire Act

August 11, 2020 Bankrupt Balance sheets The US National debt has now soared to 130% of GDP; that $26.6 trillion equates to around 1,000% of Federal revenue. Our government will add $4 trillion to that dung pile this year alone, which is an incredible 20% of GDP. The...