Fed Chair Jerome Powell apparently doesn't see the pernicious effects of inflation At one time, the Federal Reserve’s sole mandate was to maintain stable prices and to “fight inflation.” To the Fed, the financial press, and most everyone else “inflation” means rising prices instead of its original and true definition as an increase in … Continue reading The Fed’s “Inflation Target” is Impoverishing American Workers
Tag: Czar
In Remembrance of the October Revolution
The Communist monster, Vladimir Lenin This October marks the centennial anniversary of the Bolshevik takeover of Russia and the establishment of Soviet-style Communism which tragically, for the Russian people, would last for some seventy interminable years. Not only did the Soviet regime liquidate and imprison millions, but its idiotic system of central planning impoverished the … Continue reading In Remembrance of the October Revolution

