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 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 Jeramy Kitchen | Jan 12, 2022 | News, State
Tuesday, Texas Lt. Gov. Dan Patrick announced that he was naming Republican State Sen. Joan Huffman (Houston) as the new Chairman of the Senate Committee on Finance, replacing outgoing Republican State Sen. Jane Nelson (Flower Mound) who has chaired the committee...
by TFR Staff | Nov 10, 2021 | Federal, News
According to CPI data released today, inflation has hit a 30 year high at 6.2% year over year. This has officially killed the narrative that “inflation is transitory” and will magically disappear according to the Federal Reserve. But what is inflation and...
by TFR Staff | Oct 6, 2021 | Texe Lege
Texas has more than 1,200 school districts and the formula that funds this leviathan is confusing and frustrating. This must change, allowing for transparency and accountability. The school districts get most of their funding from locally levied property taxes. This...
