In the year of the apocalypse 2020, a year fraught with pandemic, war, and economic recession, governments of the world have stepped up their game with respect to 'printing money.' In the month of March, the M2 money stock grew by $1.1 trillion, more than it grew throughout the entirety of 2019. This phenomenon can … Continue reading Inflation and Debt Monetization
To amend the Internal Revenue Code to provide emergency stimulus to the economy and enact countercyclical fiscal policy measures which include reducing discretionary and mandatory expenditures, revising the individual and corporate income tax schedules, raising the rate of Social Security payroll tax, raising the tax on motor fuels, and establishing new taxes on greenhouse gas … Continue reading Economic Stimulus and Budget Control Act
Federal debt held by the public is projected to reach 106% in the fiscal year 2021, the same level it reached after the end of the Second World War in 1946. At present, taxpayers are footing a nearly $380 billion annual net interest bill on the Federal level alone, nearly two-thirds the value of last … Continue reading Revenue Restoration Act of 2020
No social ail is as prevalent and destructive as the force of poverty. Over forty-million of our fellow citizens live below the poverty line, an amount far lower than what the average American would consider enough to survive. Tens of millions more live close to this barrier, many of whom will fall beneath it at … Continue reading Social Security Act of 2020
Many people are accustomed to the idea that banks magically print money and cause inflation. People wonder, "Hey, why can't I do that?" Well, the answer is you can't because nobody can, not even commercial banks. In a fractional reserve banking system like the one we have, commercial banks can only lend an amount equal … Continue reading Fractional Reserve Banking 101
"Justice is a certain rectitude of mind whereby a man does what he ought to do in the circumstances confronting him" —Thomas Aquinas. According to their website, part of the Justice Department's mission is to "seek just punishment for those guilty of unlawful behavior." In my view, the idea that people who consciously do wrong … Continue reading Justice and Determinism
Si vis pacem, para bellum—if you want peace, prepare for war. In the midst of a new cold war, these ancient words ring as true as ever. Despite the fall of the Soviet Union and the subsequent embrace of democracy throughout many parts of the world, totalitarianism persists to this day, and is stronger than … Continue reading An Essay: Reactivating the Truman Doctrine
The Wuhan Virus, jokingly referred to as the Kung-Flu, is a highly contagious pathogen which causes a whole host of unpleasantries ranging from severe respiratory illness to kidney failure. The virus is thought to have originated in a fresh-air sea market in the city of Wuhan, the capital of the Hubei Province. This article will … Continue reading My Thoughts On The Wuhan Virus
"My name is Fanya Kaplan. Today I shot at Lenin. I did it on my own. I will not say whom I obtained my revolver. I will give no details. I had resolved to kill Lenin long ago. I consider him a traitor to the Revolution. I was exiled to Akatui for participating in an … Continue reading An Essay: Today I shot at Lenin
Why We Can All Have Big Lawns and Pools One of the many misconceptions among environmentalists is that clean drinking water is increasingly scarce, and that we will run out of it soon if we do not drastically change our ways. There is merit to this argument, but it fails to consider the age we … Continue reading Freshwater Doesn’t Need to Be Scarce
