Slowing Money Supply Growth in 2022 Points to Recession
During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent.
During April 2022, year-over-year money supply growth was at 7.23 percent. That's down from March's rate of 7.41 percent and April 2021's rate of 36.8 percent.
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.
Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems.
Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe.
Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.
Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.
In the wake of mass shootings, progressives claim that draconian gun laws will stop these tragic events. However, the gun control record in places like Jamaica provides contrary evidence.
Americans are looking at a grim energy future, thanks to government.
Inflation is at a forty-year high, fuel prices are wreaking havoc, and there's no end in sight. Time for Biden to tell us how good we have it.
In seeking membership in NATO, Finland and Sweden seem to believe they will have more military security. But they also are giving up their precious independence.