by TFR Staff | Jan 18, 2022 | News, State
Yesterday Governor Greg Abbott announced his “Taxpayer Bill of Rights” proposal at a meeting of the Kingwood Tea Party. In response, many grassroots activists reported being underwhelmed after reviewing the plan claiming to put Texas on a path to reduce...
by TFR Staff | Jan 17, 2022 | Explainers
In response to our article defining the correlation between inflation and interest rates, TFR has been asked by many subscribers to explain the system that makes this possible. What is fractional reserve banking? Fractional reserve banking is a system of banking that...
by TFR Staff | Jan 14, 2022 | Explainers
With the recent talk about inflation hitting 40-year highs at 7% this past week, there has been a lot of discussions specifically centered on what the Federal Reserve’s strategy is going to be in response. Most of you have probably heard what the Fed is...
by TFR Staff | Jan 12, 2022 | Federal, News
CPI data released this morning revealed that the year-over-year inflation rate has hit 7%. This is the highest rate experienced in 40 years (since 1982) in the USA and there is no sign that we will be inflecting downward any time soon. Inflation is a tax on the...
by TFR Staff | Jan 11, 2022 | Texe Lege
The first Fiscal Responsibility Index was released in 2007 as a tool to provide Texas taxpayers with the transparency needed for a system that was created to protect incumbent lawmakers. Before the existence of the index, no other organization had the sole...
