William Poole explains in today’s Wall Street Journal one reason why the projected budget deficits are misstated. Poole’s article can be seen in full on the Cato website. I previously explained a related problem in my post on the Bipartisan Budget Lie. That focused on massive exaggerations in expected revenue and economic activity, such as …
In today’s Wall Street Journal we see a further sign of hyperinflation. Now the Japanese are printing money, to keep up with other countries. This is just one more step toward global hyperinflation. The world has seen hyperinflation before. It generally happens in one country at a time, with little or no connection to other …
Here’s an original meme I created. Feel free to copy and post elsewhere, but please link back to this post to give us fair credit. Rand vs. Ryan.
Here’s a way of expressing what we’re doing to our children: