Have you ever noticed how, whenever prices start rising, politicians point the finger at “corporate greed”? They want us to believe that, overnight, companies suddenly decide they can charge you more for groceries, gas, or pretty much everything you buy. Give me a break. Inflation isn’t caused by businesses trying to pad their profits—it’s caused […]
Happy Wednesday! Last night’s debate between JD Vance and Tim Walz was a masterclass in political theater with Vance, by all accounts, winning the debate handily. Even the mainstream media isn’t trying to spin it away. I have long abandoned any belief (if I ever had any to begin with) in politicians overall. I am generally […]
You know the meme with the little dog sitting at the counter with a cup of coffee while everything around him is on fire? That was Jerome Powell earlier this week. And he’s hoping you’ll believe him when he insists that, “This is fine.” On Wednesday, the Federal Reserve cut interest rates, and while the […]
News out of the DNC has given us one disastrous take after another, so it’s hard to pick which awful policy proposal to talk about first. Although there are literally a dozen freedom-limiting, big-government enhancing, worst-idea-ever, soundbites to choose from, I want to talk about something that might get lost in the flashier headlines. The […]
Have you been feeling the pinch of more rising prices this year? You’re not alone. Inflation has been hitting all of us hard.
When inflation rises too sharply and currency loses its’ value, governments can and do take away all the value of the currency in a process called “demonetization”. In this episode, Ronni and Brittany talk about what’s happening in Zambia. Here’s a transcript of our conversation: Ronni: Hey, Brittany. Brittany: Hi, Ronni. Ronni: So, I know […]
The price of eggs has skyrocketed over the last few months. Today, Brittany and Ronni explain why this is happening. Here’s a transcript of our conversation: Brittany: Hi, Ronni. Ronni: Hey, Brittany. Brittany: So, if you go ask your parents, maybe pause the podcast or go ask them after. If you go ask them how […]
Introduction The current monetary system can be complex, involving banks, buyers, sellers, and governments. While modern digital currencies have taken centuries to develop, the concept of currency originated from bartering – trading goods or services without the aid of a medium of exchange. Although bartering has benefits, it has limitations as not everyone needs what […]
Why is everything so expensive right now?! The answer is inflation, but it’s not caused by corporate greed like they want you to believe—it’s caused by the Fed. Here’s how: Inflation, at its core, is when there’s too much money floating around, and it ends up making each dollar worth less. For example, if the […]
It’s the Fed, Joe! Back in May, President Biden accused greedy corporations of causing inflation by not paying their “fair share”. Before that he blamed rising food and fuel costs on Russia, calling it “Putin’s price hike”. But people who understand the way money and business work know that the soaring inflation and rising prices […]
