Author: johnbarleycorn12

Do We Finally Have a Peace Ticket? – LewRockwell

Posted on by johnbarleycorn12

Just as the Harris/Walz campaign was looking for a boost from the content-free Democratic National Convention last week, real drama broke out that pulled the country’s attention back toward Republican candidate Donald Trump. Rumors had been swirling for days that Robert F. Kennedy, Jr. might suspend his independent run for the White House and endorse Donald Trump and on Friday he did just that. In his powerful speech explaining the decision, RFK, Jr. made it clear that suspending his run was difficult, as was leaving a Democratic Party that has been almost synonymous with the name “Kennedy” for many decades. … Continue reading →

Source: Do We Finally Have a Peace Ticket? – LewRockwell

Breaking Economic News

Posted on by johnbarleycorn12

Inflation is caused by deficit federal spending. When the government spends more money than it brings in, it creates debt. They put more dollars into the money supply, which makes each dollar you have worth less.

We are over 35 trillion dollars in debt, the interest on that debt is one trillion dollars a year, which is more than the defense budget. So when you think of it inflation is just another tax and you wind up with less money because each dollar buys you less. Investors lose money because their dollars are worth less. It is a cruel joke for politicians to ask for more taxes from anyone when they create debt.

Both political parties have done this and neither candidate for president has addressed this major problem, which tells you they do not really care. Market forces caused by debt, increase inflation not price gouging. What I am telling you here is verifiable and very basic information, not complicated. Be informed so you can demand more from our current political class.

A balanced federal budget will cure many of the ills we are experiencing. If you ran your business or your personal finances like the federal government does, you would be bankrupt and homeless, oh wait, Americans are becoming bankrupt and homeless in record numbers. Cause and effect. Know the cause, know and feel the effect.