How Social Security Really Works

New price inflation data from the federal government shows that rising prices are outpacing wage growth yet again. Overall inflation is broader and bigger than forecasters have expected, and it's not just being caused by the War in Iran.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Mortgage rates are at historically normal levels. They are not "too high." On the other hand, home prices are too high after years of subsidy from artificially low rates and government intervention. The answer to the stagnating market is to cut prices.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

The only way to fund Social Security is with current tax dollars, inflicted on current workers and families. There is no pot of money somewhere that current retirees "paid into."Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Automatic citizenship for the children of foreign nationals on US soil will only further politicize immigration and increase calls for more limits on migrants in the US.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Mises Editor-in-Chief Ryan McMaken explains how the new Fed chairman faces a political problem with rising prices and the fact the Fed keeps fueling the inflation fire.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Ryan McMaken points out that the American "great experiment" failed many decades ago. In fact, the current republic we call "the United States" is clearly a completely different republic than the one founded back in the late eighteenth century. The founding fathers wouldn't recognize it at all.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Even the federal government's official data shows that price growth is well above the Federal Reserve's two-percent target. In fact, price inflation is now at multi-year highs, and there is good reason to think this will continue.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

Ryan McMaken looks at the latest jobs numbers form the federal government and why so many workers and families appear to think the economy is in trouble.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

When it comes to foreign policy, what matters are powerful interest groups. The ordinary voters who pay all the bills don't matter. The interest groups pushing for pro-Israel wars in the Middle East are especially powerful.Be sure to follow the Loot and Lobby podcast at Mises.org/LL

If NATO members aren't even safe from other NATO members then what value is the alliance? There is one good thing that could come out of a Greenland war: it would probably destroy NATO.Be sure to follow the Loot and Lobby podcast at Mises.org/LL