While monetary inflation has various economic effects—predictable and surprising, direct and indirect—this article seeks to explore the effects of monetary inflation on food. Specifically, debased currency leads to debased food.
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World News
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The popular game, Rock-Paper-Scissors, operates according to a firm set of rules. However, when government sets the rules or refuses to properly enforce rules, then so-called limited government simply turns…
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American Indian reservations have some of the worst poverty rates in the nation, which increases calls for even more federal government intervention. However, it is the intervention itself that is…
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Gerrymandering is a symptom of the failure of representative democracy. Political minorities are surrounded by others who overwhelm their votes and elect politicians who do not represent anyone but themselves.
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Few presidents—if any—in our lifetimes have done as much damage as George W. Bush did in his eight years in office. Unfortunately, a number of pundits are trying to rehabilitation…
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Fed Chairman Jerome Powell’s claims to want to protect the “independence” of the Federal Reserve ring hollow. Following sound monetary policies is more important than the theoretical “independence” of the…
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In case you haven‘t noticed, housing prices are not rising like they did a short time ago, thanks to higher interest rates. Bringing down those rates, however, will increase inflation…
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The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism. It’s simply Trump embracing the corrupt…
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“Because these meetings are held in the glare of world-wide media coverage, the parties to a dispute will be reluctant to make concessions.”