Everything old is new again: Inflation plagues the US economy. The Consumer Price Index is up 7.9 percent from a year ago. The Personal Consumptions Expenditures index is up 6.1 percent from a year ago. We haven’t seen price pressures like these in 40 years. If we want to understand inflation, we need a framework […]
https://pricklypear.news/wp-content/uploads/iStock-171152502.jpg8361254Alexander William Salterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngAlexander William Salter2022-03-16 01:55:422022-03-16 09:59:31How to Think about Inflation
Exactly one hundred years ago, in March 1922, the Soviet “goods” ruble was in its final stages of collapse after years of debasement and economic mismanagement. Facing hyperinflation and the commensurate inability to calculate economically, the beleaguered People’s Commissariat of Finance deserted it in favor of a new parallel currency: the gold ruble. A century […]
https://pricklypear.news/wp-content/uploads/iStock-625734600.jpg8371254Peter C. Earlehttps://pricklypear.news/wp-content/uploads/logo_2023.pngPeter C. Earle2022-03-16 01:50:002022-03-16 10:00:05Are Gold Rubles Gold or Rubles?
Arizona lawmakers and the Goldwater Institute scored a major victory today [March 14, 2022] for parents, students, and the public K-12 education system with the passage of the nation’s most robust academic transparency legislation through the Arizona Senate. Sponsored by state Sen. Nancy Barto, SB 1211 establishes parents’ right to know what is being taught […]
President Joe Biden has insisted that rising gas prices are not a result of his administration’s policies. This week, he announced the United States would ban oil imports from Russia because of Russian President Vladimir Putin’s full-scale invasion of neighboring Ukraine. Biden also has suggested that U.S. oil companies are responsible in part for the higher prices […]
The Goldwater Institute won a major court victory today [March 11, 2022], defeating the largest tax hike in Arizona’s history. The decision by a Maricopa County judge bars the enforcement of Proposition 208, a measure that would have massively increased income taxes, led to staggering job loss, and turned Arizona from one of the lowest-taxed […]
In politics it is said if you can put your opponent on the defensive, you are winning. If you are the target, it is better to ignore the accusations as they will have you dancing to the opposition’s tune. Occasionally, it is worthy of addressing one of these positions as is the case now with […]
https://pricklypear.news/wp-content/uploads/putin.jpg16282390Bruce Bialoskyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngBruce Bialosky2022-03-15 02:00:212022-03-15 16:19:40No, Republicans Do Not Like Putin
We have written previously about investors having a “risk-off” year as various markets have to deal with inflation, the central bank’s response to inflation, overvaluation, overindebtedness, supply chain issues, and now, the Russian invasion of Ukraine. So far this year, it indeed has turned out to be a “risk-off” event as we predicted. It has […]
The lawsuit claims AG Garland has provided no evidence of spikes in threats against school personnel by American parents Fourteen Republican attorneys general, led by Indiana Attorney General Todd Rokita, have sued the Biden administration for not responding to a Freedom of Information request related to the Department of Justice calling for surveillance of parents […]
https://pricklypear.news/wp-content/uploads/atny-gen.jpg338507Bethany Blankleyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngBethany Blankley2022-03-14 01:55:202022-03-11 11:15:37AGs Sue Biden Administration Over DOJ’s Call to Investigate Protesting Parents
Biden didn’t have to take a blowtorch to the financial system in response to the Russian invasion of Ukraine. But he has done so. The comprehensive sanctions the United States and the West have imposed on Russia take us into an entirely new world. The sanctions are multidimensional but most important is the “freezing” of […]
https://pricklypear.news/wp-content/uploads/iStock-877278412.jpg8101296David C. Hendricksonhttps://pricklypear.news/wp-content/uploads/logo_2023.pngDavid C. Hendrickson2022-03-14 01:50:132022-03-14 16:30:17Weapons Of Financial Destruction And The New World Disorder
As night follows day, any significant outbreak of inflation in Western economies eventually involves an invocation of the hyperinflation experienced by Germany 100 years ago. Since mid-2021, people ranging from tech billionaires to bitcoin enthusiasts have been asking: are we headed for a Weimar hyperinflation moment? It is not that German hyperinflation was the most severe in history. The […]
How to Think about Inflation
/in Economy, Featured, Politics/by Alexander William SalterEverything old is new again: Inflation plagues the US economy. The Consumer Price Index is up 7.9 percent from a year ago. The Personal Consumptions Expenditures index is up 6.1 percent from a year ago. We haven’t seen price pressures like these in 40 years. If we want to understand inflation, we need a framework […]
Are Gold Rubles Gold or Rubles?
/in Economy, Featured, National Security, Politics/by Peter C. EarleExactly one hundred years ago, in March 1922, the Soviet “goods” ruble was in its final stages of collapse after years of debasement and economic mismanagement. Facing hyperinflation and the commensurate inability to calculate economically, the beleaguered People’s Commissariat of Finance deserted it in favor of a new parallel currency: the gold ruble. A century […]
Arizona Senate Passes Goldwater-Backed Academic Transparency Reform
/in Arizona News, Culture War, Education, Liberty, Politics/by Matt BeienburgArizona lawmakers and the Goldwater Institute scored a major victory today [March 14, 2022] for parents, students, and the public K-12 education system with the passage of the nation’s most robust academic transparency legislation through the Arizona Senate. Sponsored by state Sen. Nancy Barto, SB 1211 establishes parents’ right to know what is being taught […]
Fact-Checking 3 Biden Claims on Gas Prices
/in Culture War, Economy, Environment, Featured, National Security, Politics/by Fred LucasPresident Joe Biden has insisted that rising gas prices are not a result of his administration’s policies. This week, he announced the United States would ban oil imports from Russia because of Russian President Vladimir Putin’s full-scale invasion of neighboring Ukraine. Biden also has suggested that U.S. oil companies are responsible in part for the higher prices […]
Goldwater Defeats Massive Tax Hike in Arizona
/in Economy, Featured, Liberty, Politics/by Editorial StaffThe Goldwater Institute won a major court victory today [March 11, 2022], defeating the largest tax hike in Arizona’s history. The decision by a Maricopa County judge bars the enforcement of Proposition 208, a measure that would have massively increased income taxes, led to staggering job loss, and turned Arizona from one of the lowest-taxed […]
No, Republicans Do Not Like Putin
/in Culture War, Featured, National Security, Politics/by Bruce BialoskyIn politics it is said if you can put your opponent on the defensive, you are winning. If you are the target, it is better to ignore the accusations as they will have you dancing to the opposition’s tune. Occasionally, it is worthy of addressing one of these positions as is the case now with […]
China’s Big Bear Market – A Silent Scream
/in Economy, Featured, National Security, Politics/by Neland NobelWe have written previously about investors having a “risk-off” year as various markets have to deal with inflation, the central bank’s response to inflation, overvaluation, overindebtedness, supply chain issues, and now, the Russian invasion of Ukraine. So far this year, it indeed has turned out to be a “risk-off” event as we predicted. It has […]
AGs Sue Biden Administration Over DOJ’s Call to Investigate Protesting Parents
/in Culture War, Education, Featured, Liberty, Politics/by Bethany BlankleyThe lawsuit claims AG Garland has provided no evidence of spikes in threats against school personnel by American parents Fourteen Republican attorneys general, led by Indiana Attorney General Todd Rokita, have sued the Biden administration for not responding to a Freedom of Information request related to the Department of Justice calling for surveillance of parents […]
Weapons Of Financial Destruction And The New World Disorder
/in Economy, Featured, Liberty, National Security, Politics/by David C. HendricksonBiden didn’t have to take a blowtorch to the financial system in response to the Russian invasion of Ukraine. But he has done so. The comprehensive sanctions the United States and the West have imposed on Russia take us into an entirely new world. The sanctions are multidimensional but most important is the “freezing” of […]
A Sunday Read: Monetary Lessons from Weimar Germany
/in Economy, Liberty, National Security, Politics/by Samuel GreggAs night follows day, any significant outbreak of inflation in Western economies eventually involves an invocation of the hyperinflation experienced by Germany 100 years ago. Since mid-2021, people ranging from tech billionaires to bitcoin enthusiasts have been asking: are we headed for a Weimar hyperinflation moment? It is not that German hyperinflation was the most severe in history. The […]