Why Prices Have Gone Up; Why Police Do Nothing While Kids Are Killed; Republicans Ask Capitol Police For Materials On Arrest Of Colbert Show Staffers;
Judicial Watch: Records Show Critical Race Theory Propaganda at Wests Point
Why Prices Have Gone Up
Central bank “stimulus” is a nonsensical policy approach which caused prices to surge over the last two years. Look at the charts below:
The Fed’s balance sheet is currently at $8.9 trillion:
“It cannot be stressed enough, these trillions of dollars were created “out of thin air,” and given to people across the country. A large portion of the money went into the traditional inflationary channels such as big Wall Street firms to inflate asset prices, but several trillions of new dollars also went to pay individuals on Main Street. The money received by individuals could have been spent anywhere: crypto, gold, guns, gambling, drugs, alcohol, eating out at restaurants, clothes, or on Austrian economic books.
The thought of receiving “free money” from the government may initially sound appealing. But eventually the money mirage stops and society discovers these government giveaway programs carry grave consequences such as currency debasement, and therefore, more poverty. Ironic because the stated aim of these policies is to help society; yet the result is the exact opposite.
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Doug Casey on Crashing Markets, Commodities, and What Happens Next
by Doug Casey
“International Man: In addition to stocks, it seems that almost every asset class is also crashing.
What’s your take on the markets, and where do you think it’s headed?
Doug Casey: Let’s take them in order of size and importance.”
Why Police Do Nothing While Kids Are Killed
“Police culture is fixated on ‘officer safety,’ and when police betray the public trust, they are protected by labor unions as politicians pad police budgets with even more tax money.”
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Republicans Ask Capitol Police For Materials On Arrest Of Colbert Show Staffers
“Davis, the ranking member of the Committee of House Administration, said in a Fox News broadcast on June 17 he had received information that staffers of Rep. Adam Schiff (D-Calif.) and reportedly Rep. Jake Auchincloss (D-Mass.) were involved in allowing the Colbert show staffers into the building.”
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Judicial Watch: Records Show Critical Race Theory Propaganda at Wests Point
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