Mass hysteria is possible in a free society, but there are self-correcting mechanisms and the harm such hysteria may inflict is limited by the enforcement of private property rights.
A dirty secret of congressional military spending is that when the government allocates billions in spending, unnecessary, wasteful, and parochial interests quickly find their way into the legislation.
During November 2020, year-over-year (YOY) growth in the money supply was at 37.08 percent. That's unchanged from October's rate, and up considerably from November 2019's rate of 5.9 percent.
