Understanding the Federal Reserve’s Shell Game
Taxes usually aren't terribly popular with the people who pay the taxes. Fortunately — from the government's perspective — the central bank is there to help tax the people more without their noticing.
Taxes usually aren't terribly popular with the people who pay the taxes. Fortunately — from the government's perspective — the central bank is there to help tax the people more without their noticing.
Municipal waterworks are government-run and government-owned, and generally an extension of local governments. But, bizarrely, when something goes wrong, it's somehow the fault of the private marketplace.
American history is a story of non-stop efforts by governments to intervene in the marketplace through regulations, monopolies, and subsidies. Most surprisingly, these market interventions appear to place a central role in causing economic crises over the years.
Central banks worldwide are putting their faith in negative interest rates. Unfortunately, these central bankers do not understand what interest rates are supposed to do, or how manipulating them will lead to a bust.
NIRP will fail miserably, in part because they signal that the central banks are out of options and the economic system is in terminal decline.
Do women really pay more than men for the "same" goods and services? No. Not only are these supposedly identical goods not actually identical, but the consumers value them differently, leading to different prices.
If our "representatives" in Washington cared anything for fiscal responsibility or keeping costs under control, the US would leave NATO immediately, or at least take a small step in the right direction by expelling Turkey from NATO, ASAP.
In a private market, households bear the costs of their own unhealthy habits. In a socialized economy, everyone bears these costs, and governments know it pays to emphasize this fact, even if the stats turn out to be wrong.
Bribes can work both ways. Sometimes it pays to bribe politicians for what you want. But voters will often happily exchange votes for free stuff. In fact, the latter strategy has been proven to work wonders if one wants a bigger government.
Drafting women into the military has suddenly become the latest frontier in achieving "equality." If we want real equality though, we need only agree to never force men into coerced service to the state, either.