December 22, 2008
In this video, Senate Majority Leader Harry Reid shows just how ignorant he is. The November elections have given this man even more power, as his party’s majority in the senate will soon be larger
Tagged as:
Taxation,
United States government
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December 19, 2008
Walter Williams explains the difference between counterfeiting and monetary policy. He explains that “inflation results from an increase in the supply of money relative to the demand for money.” He asks who, then, is responsible for inflation? In the United states, who is able to create money? The answer, of course, is the Federal Reserve System, and they’re creating it by the bucketful. Williams asks whether we really need our central bank, and answers his question with a history lesson. He makes a recommendation how to get our of the trouble we’re in.
Tagged as:
Economics,
Interventionism,
United States government
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