It adkfsdf It was reported today that the Federal Reserve Board(FRB) will most likely raise interest rates (the Federal Overnight Funds rate) in March. The FRB raises the rate it charges to lend to other banks, or the rate at which banks lend to each other. The FRB raised the... Continue reading

Monetary policy is the management of the amount of available credit in the economy through a pricing mechanism called the overnight federal funds rate. There are two ways of managing the price of money. By fiat as when the Fed raises rates as policy, and by supply and demand, as... Continue reading

This article uses unemployment as its main metric. https://www.nytimes.com/2017/02/24/upshot/the-big-question-for-the-us-economy-how-much-room-is-there-to-grow.html?ref=business&_r=0 This article refers to a concept of a macro-economic level of full employment after which inflation is incurred. This idea traces its origin to one of the founders of the Chicago School of Economics, in the mid-twentieth century, the renowned Milton... Continue reading

I hate it when the MSM makes things up with their, by implication, erroneous facts and hysterical fear-mongering headlines, i.e., Fake News. I think there's a problem when most of the standard conservatives in the professional institutions, the military, the State Department, the Director of the FBI, even the Vice... Continue reading

http://money.cnn.com/2017/02/24/media/cnn-blocked-white-house-gaggle/index.html This story is about the current White House policy to exclude certain new organizations from an off-camera press briefing. Without saying so, an off-camera press brief already excludes television broadcasts of any station. Soon they'll allow FOX in only. They just haven't thought that far ahead, which to some... Continue reading

Our contemporary national economy is growing at a moderate rate of about 2% per year. Many people think this is sluggish, comparing it to the much higher growth rates the US experienced in the years after WWII up through the early 1970s. That era was essentially ended with the first... Continue reading

Interestingly, the issue of gun control decided in District of Columbia v. Heller is a great learning tool for examining the judicial philosophy methodology for understanding the purposes of the Constitution based on perceiving the Constitution as the so-called Framers, understood it. This is the core principle of "Originalism." Originalists... Continue reading

In the Sunday, February 12, 2017, issue of the New York Times, columnist Susan Chira asks: "Since When is Being a Women a Liberal Cause?" (New York Times, Op-Ed sec. p. 9) She refers to several conservative female activists disputing the gender identity politics usually associated with the liberal left.... Continue reading