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Food Prices Skyrocket in May

 
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Food Prices Skyrocket in May

Consumer prices are up sharply in May as the Federal Reserve continues to pump money into the economy with no end in sight. From USA Today: Consumer prices last month posted their sharpest increase in 15 months as inflation continued a recent acceleration from unusually low levels. The rise in prices was broad-based, with food, […]


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Well, duh: Inflation May Hit the Poor Hardest

Ron Paul and Campaign for Liberty have always talked about how the Federal Reserve’s inflationist policies always hurt the poor the most. Over at FiveThirtyEight  they have a good analysis as to why this is the case: Over the past two years, prices have risen more quickly for many of the things that low-income households spend […]


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Proponent of Federal Reserve Secrecy complains about inflation on House floor

Earlier today, Representative Chris Van Hollen (D-Md), who voted against Audit the Fed in 2012, took to the floor of the House to argue against a bill that would prohibit the CBO from assuming annual spending increases due to inflation. He even had an expensive-looking chart to go with his argument.         […]


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Inflation is Theft!

By Sam Aydlette Many people are convinced that the Federal Reserve System is necessary for the continued prosperity of the United States.  Yet few understand how the Federal Reserve operates.  There are many misconceptions about both the role that the Federal Reserve plays and the consequences that result from its actions. The Government borrows money […]


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