How Corporate Bailouts Inflate the Money Supply
Continued bailouts undermine the entire economy by rewarding financial failure and discouraging productive economic activity.
Continued bailouts undermine the entire economy by rewarding financial failure and discouraging productive economic activity.
The American people have the great pleasure of electing either Joe Biden or Donald Trump as president this year.
For all of the claims that governments “create jobs,” in reality, government jobs come at a greater cost than any value those jobs may create. Government jobs are a burden to the economy.
Donald Trump recently addressed top CEOs with a proposal that he sells as helping to reduce income taxes.
In discussions of politics, it is common to see politicians praised for policies and programs that expand the welfare state.
Alabama Governor Kay Ivey signed a bill on May 17 that removes all income taxes on capital gains from the sale of gold and silver, enabling the state to take an important step forward in reinforcing sound money principles.
Ensuring private property rights was essential for the development of the capitalist economy in the Western world.
The mentality of Build Back Better is not just confined to the US. Around the world, governments are resorting to the ancient tradition of using massive amounts of resources to build things that glorify the state, not add to the economy.
Even though people are leaving California and New York in droves due in large part to their ruinous taxes, the state authorities are tracking these emigrants down and demanding they continue to pay state taxes. Right out of Orwell.