Increases in the money supply set in motion an exchange of nothing for something. They divert real savings away from wealth generators toward the holders of the newly created money.
— Frank Shostak,
“Inflation Is Not Price Increases. Inflation Causes Price Increases” [2022]
HORNBERGER’S BLOG
November 18, 2022
Wallowing in Welfare-Warfare State Prison
A reader recently sent me an email pointing out that many ex-convicts commit new crimes with the intent of being sent back to prison. They actually feel more comfortable in prison than they do in the outside world. This phenomenon shouldn’t surprise us. In prison, the state takes care of prisoners and, by and large, keeps them safe. It provides their food, healthcare, …
Death Penalty for Drug-War Violators?
by Jacob G. Hornberger and Richard M. Ebeling
Should America adopt former President Donald Trump’s idea of giving the death penalty to drug war violators? …
Five Trillion Dollars Is Not Enough
by Laurence M. Vance
The federal government seized from the American people almost $5 trillion ($4.896119 trillion) in fiscal year 2022 (Oct. 1, 2021 through Sept. 30, 2022), ..
Techno-Authoritarianism Is Here to Stay
by John W. Whitehead
The votes are in. No matter who runs for office, no matter who controls the White House, Senate or the House of Representatives now or…
Two Agendas
by Laurence M. Vance
Although the next U.S. presidential election is not until 2024, this is still an election year. Most candidates are running for state and local …