A Few Words Concerning the Ubiquitous Term, “Printing Money”

For one reason or another, which to this day baffles me, some of my colleagues have allowed the term “printing money” to go unchallenged. Because so many abuse and misuse the term when referring to how the federal government spends, it’s as if some are quite content to just let orthodoxy have its way and[…]

Foundational Problems of the Left Part II: Progressives and Errant Views of Inflation

As an addendum to yesterday’s post, before I begin, I’d like to clarify the point that taxes reduce spending power and thus, can reduce the spending power of the rich whilst raising the spending power of the poor. When progressives say, “tax the rich!”, what they’re saying, though they do not know it, is, “destroy[…]