The Fed’s very accommodating policies over the Bernanke era seem to be setting us up for inflation down the road. To the general public this policy appears as low interest rates. Low interest rates are produced by increases in the monetary base, which will lead to inflation as the economy recovers, unless the monetary...
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As if to demonstrate the Bastiat thesis in American human terms is this news of a Federal Air Marshal who (allegedly) raped an escort in between looking for terrorists on domestic air flights. After he (allegedly) misrepresented his government position, wielded his government-issued handgun, and raped the working girl, he then took back the...
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