HOT TOPICS: Ayn Rand | Iran | ICE | Renee Good | Heritage American | Wealth Tax | Mamdani | Jimmy Lai
“Monetary control” refers to the various procedures and devices the Fed and other central banks employ in their attempts to regulate the overall availability of liquid assets, and through it the general course of spending, prices, and employment, in the economies they oversee.
I regard any need for last-resort lending as reflecting, not the inherent shortcomings of private financial markets, but the debilitating effects of misguided regulatory interference with the free development of those markets.
Obamacare is not doing well financially, so more young adults must be coerced into paying excessive insurance premiums to subsidize older participants.
By clearly and publicly withdrawing their moral sanction of government’s freedom-curtailing and welfare-destroying actions, business leaders can have a big impact on all of our future.
Government-caused uncertainty, such as not approving pipeline construction or imposing more taxes (such as the carbon tax), discourages investment and thus prevents employment recovery.
As many people expect great changes from Trump, it is worthwhile to look at what the Reagan Revolution actually wrought.
