Home / Posts tagged "inflation"

inflation

The Minimum Wage is Bad. Bad I tell you! Bad.

Blog Post 506 Minimum Wage
People want to do well. It is understandable that they would want government to ensure they get a good wage. People, you and I, want others to do well. It makes sense, that those who don't need the minimum wage, might still support it for the benefit of others. The idea breaks down quickly though if one ponders it honestly. If $15 is good, why not $20 or even $50? Eventually people will tell yo...
Read More

Socialism and Democracy Murdered Venezuela and Money is Meaningless.

There is so much about Venezuela that is instructive. First and foremost is that Socialism, every time it is tried, doesn't work. The second is why Libertarians are always on about fiat currency and the Federal Reserve. Paper money, while useful, is nothing if not backed by something of actual value. As long as things move along nicely and we all agree on certain things un-backed currency does oka...
Read More
Top